Transaction services: JPMorgan exec aims for top league-table spot

JPM wants to become the top transaction bank in the world – Takis Georgakopoulos, global head of treasury services, tells Euromoney how the bank will do it.

Takis Georgakopoulos, global head of treasury services at JPMorgan

Some eight years since JPMorgan decided to compete with the likes of Citi and HSBC in the global transaction banking business, it is getting closer to its goal of taking the top spot in the league tables.

While it still lags in certain sectors and geographies – trade finance and Asia-Pacific, specifically – the bank has made some big strides. Soon, it may give the traditional heavyweights a serious challenge for the title.

Transaction services is not the sexiest segment of banking, but in recent years has nonetheless become a sought-after business.

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