JPMorgan plots launch of digital consumer bank in Britain

JPMorgan plots launch of digital consumer bank in Britain | JPMorgan Chase, the world’s biggest lender by market capitalisation, is close to making a stunning entry into Britain’s personal banking market.

Sky News has learnt that the New York-listed behemoth will launch a range of savings and loan products using the Chase brand in the UK in the next few months.

The move will represent one of the most significant new entries into the consumer banking sector since the 2008 financial crisis, and could spark a new price war among lenders already struggling to deal with a protracted period of ultra-low interest rates.

— Read on www.google.co.uk/amp/s/news.sky.com/story/amp/jpmorgan-plots-launch-of-digital-consumer-bank-in-britain-11940211

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