JPMorgan to Open Digital Retail Bank in U.K. Next Week
- Online-only offering will launch Tuesday under the Chase brand
- Wall Street firm plans to expand into Europe, Latin America
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JPMorgan Chase & Co. will launch a digital retail bank in the U.K. next week, the first step in the firm’s plans to expand its consumer business overseas.
The operation, called Chase, will start on Tuesday with current accounts, according to a person familiar with the matter.