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Bank to open more than 500 branches and hire 3,500 employees by 2027 ...
NEW YORK--(BUSINESS WIRE)--Feb 6, 2024--
NEW YORK, Dec 11 (Reuters) - JPMorgan Chase (JPM.N) is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint. "Branches have been a winning strategy for us that is helping us capture more market share,” Jennifer Roberts, CEO of Chase Consumer Banking, told Reuters in an interview. Of the customers who hold deposits with the bank, 75% visit a branch annually, she said. The largest U.S. lender has more than 4,800 branches
Columbia and Myrtle Beach are new expansion markets for the lender.