JP Morgan Private Bank has boosted its UK operation with an office in Manchester, according to local media.
Khayyam Jumani will lead a team of private banking professionals providing wealth management advice and services to individuals, family offices, charities and family foundations across Greater Manchester.
With a career at JP Morgan that spans 12 years, UK north team leader Jumani joined the private banking arm in 2013 and has served clients across the UK for several years.
JP Morgan Private Bank now has offices in London, Manchester, Bournemouth, Glasgow and Edinburgh.
Oliver Gregson, region head of JP Morgan Private Bank in the UK, Ireland & Channel Islands, said: “It is an exciting time for our organisation, and I’m delighted to embark on our journey in Manchester.
“Since the days of the Industrial Revolution, Manchester has played a leading role in shaping the UK economy. Today, the ten boroughs of Greater Manchester represent tens of thousands of enterprises in leading sectors like advanced manufacturing, digital and technology, life sciences and healthcare.
“It is for these reasons and many more that I’m delighted to bring a dedicated team and hub of resources under one roof in Manchester, which, when combined with JP Morgan’s global resources, will deliver unparalleled depth of expertise, knowledge and capabilities for clients across the region.”