Will Oswald Joins JPMorgan's Emerging Markets Research Team

LONDON, June 10 /PRNewswire/ -- JPMorgan announced today that Will Oswald has joined the firm's emerging markets fixed income research team. Mr. Oswald joins as head of emerging markets quantitative strategy and will report to Joyce Chang, global head of emerging markets and global currency and commodities research.

"The biggest structural change in today's emerging debt markets is the rapid growth of local markets" said Joyce Chang. "Will has worked as both a local markets and external debt strategist in Singapore, New York and London. He brings a wealth of relevant experience to the JPMorgan research team."

Mr. Oswald joins JPMorgan from Deutsche Bank's emerging markets research team, where he was head of EEMEA rates and external debt relative value strategy. Oswald will be based in London.

JP Morgan has the leading emerging markets research product. The research team won #1 rankings from the most recent (2004/5) polls in the following publications:

Euromoney: #1 for Emerging Markets Strategy (2005) Euromoney: #1 for Emerging Markets Sovereigns (2005) Institutional Investor, Europe: #1 for Emerging Markets Strategy (2005) Institutional Investor, Europe: #1 for Emerging Markets Sovereigns (2005) Institutional Investor, Europe: #1 for Emerging Markets Corporates (2005) Institutional Investor, America: #1 for Emerging Markets Sovereign Strategy (2004) Institutional Investor, America: #1 for Emerging Markets Sovereign Analysis (2004)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of US$1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. has its corporate headquarters in New York and its U.S. retail financial services and commercial banking headquarters in Chicago. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.

Press contact: Sebastian Howell, +44-(0)20-7325-4874 sebastian.howell@jpmorgan.com