Morawiecki: JP Morgan to move some operations to Poland

Global financial institution JP Morgan Chase plans to move some of its operations to Poland, deputy PM Mateusz Morawiecki said after talking to the bank’s top executives in New York. “The operations we’ve discussed are focused mostly on support processes for the risk management, credit, and investment projects - ie technical, engineering, IT competences,” Morawiecki said. Poland hopes that operations in Poland will be gradually expanded just as was the case in the Philippines, where the bank initially hired 3k people, and now employs 23k.