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JP Morgan set to enter British market with digital banking

ChargedUp
Valued Contributor

JP Morgan set to enter British market with digital banking

Chase seems to have it's eye on becoming a global bank, beginning in Europe.

 

https://nypost.com/2021/09/17/jpmorgan-to-launch-digital-bank-chase-in-britain/ 

 

It would be interesting if at some point Chase were to work like Amex and allow foreign cardholders to use their internal payment history to open US accounts.

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2 REPLIES 2
FinStar
Moderator

Re: JP Morgan set to enter British market with digital banking

JPM is already a global bank.  The key difference here (and based on the article) is the retail side in expanding its banking services.

Message 2 of 3
iced
Valued Contributor

Re: JP Morgan set to enter British market with digital banking


@FinStar wrote:

JPM is already a global bank.  The key difference here (and based on the article) is the retail side in expanding its banking services.


If that translates into access to services such as obtaining a Chase mortgage for property in Europe, it's still a plus.

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