JPMorgan Says 'Fun to Be the Disrupter' in Overseas Growth P

JPMorgan Says 'Fun to Be the Disrupter' in Overseas Growth Push


JPMorgan Says ‘Fun to Be the Disrupter’ in Overseas Growth Push
Jul 13 2021, 11:53 PM
July 13 2021, 9:42 PM
July 13 2021, 11:53 PM
(Bloomberg) -- JPMorgan Chase & Co. is betting recent fintech deals will drive an expansion of its consumer business overseas -- even as rival firms bring operations closer to home.
(Bloomberg) -- JPMorgan Chase & Co. is betting recent fintech deals will drive an expansion of its consumer business overseas -- even as rival firms bring operations closer to home.
The bank has previously shied away from adopting a branch-based strategy abroad, but now sees an opportunity to increase its international footprint digitally. The New York-based firm recently acquired U.K. digital wealth manager Nutmeg Saving and Investment and agreed to buy a 40% stake in C6 Bank of Brazil.

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