March 3, 2010 / 4:48 AM / 9 years ago

JPMorgan to boost Malaysian ops, hire more staff

KUALA LUMPUR, March 3 (Reuters) - JPMorgan Chase & Co. (JPM.N) said on Wednesday it plans to grow its commercial bank in Malaysia in 2010 and increase the number of employees working for its treasury services operations within three years.

The bank has completed the integration of its in-country treasury management services and core infrastructure as part of a US$1 billion global investment announced in 2008.

“We look forward to further growing our commercial bank in 2010,” Clement Chew, the senior country officer in Malaysia, said in a statement.

Reporting by Julie Goh; Editing by David Chance

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