J.P. Morgan's Rajiv Jain outlines South Asia strategy

J.P. Morgan recently opened a representative office in Bangladesh to provide banking services to its financial institution clients. What was the reasoning behind the development, and how does the bank see its business growing

We're extremely excited to have opened a new flagship representative office in Bangladesh, a country which represents a crucial component of our on-going Asia Pacific growth strategy. We have been serving our financial institution FI clients in Bangladesh since 1973, when we first started working with Pubali Bank with a US dollar demand deposit account DDA.

Since then, Bangladesh has continued to develop into a dynamic and exciting country, one which is committed to further integrating into the...