Federal Home Loan Bank of Chicago (FHLB Chicago) has appointed JP Morgan Worldwide Securities Services. The securities servicing provider for alternative asset managers will offer custody services for FHLB Chicago’s investment portfolio.
JP Morgan will also provide these services for assets that FHLB Chicago holds for its member financial institutions. FHLB Chicago, set up by Congress in 1932, offers to member financial institutions short-term liquidity and long-term funding and support for community investment activities.
Click here for the release from Business Wire.