JP Morgan plans to launch an online retail bank in the UK

in #finance4 years ago

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I wonder what the companies see in Britain and more and more companies are going to invest there even though there is uncertainty with the British economy as no solution has been found for Berxit.

JP Morgan plans to launch an online retail bank in the UK in the first quarter of 2021 under the Chase brand, Sky News reported.

The venture will also compete with Goldman Sachs's newly found subsidiary Marcus and the startups Monzo and Starling at a time when domestic contenders are trying to break the dominance of the country's four largest banks, namely Barclays, Lloyds, Natwest (Royal Bank of Scotland). ) and HSBC.

JPMorgan has partnered with various vendors, including Amazon Web Services and 10x Future Technologies to provide an online digital banking infrastructure.

Source,

https://www.theceo.gr/diadiktyaki-trapeza-lianikis-dimiourgi-i-jp-morgan-sti-vretania/

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