J.P. Morgan Chase & Co is an American full service securities firm and commercial bank engaged in securities trading and brokerage activities, as well as providing investment banking, asset management and private banking, financing, and financial advisory services and other commercial and investment banking products and services to a wide range of corporations and individuals.
J.P. Morgan Trust Company (Cayman) Limited has Category B banking license number 75005 issued by the Cayman Islands Monetary Authority. This type of license allows J.P. Morgan Trust Company (Cayman) Limited to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of J.P. Morgan Trust Company (Cayman) Limited failure its depositors will not get any compensation.
J.P. Morgan Trust Company (Cayman) Limited was authorized and supervised by the Cayman Islands Monetary Authority.