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The digital bank will have offerings and functionalities designed to meet the requirements of British customers through a mobile app. JPMorgan believes the country has a “vibrant and highly competitive” consumer banking arena, and, for that reason, the company created the bank from the ground up to meet the requirements of clients there.
“We are bringing Chase to the U.K. because we want to provide customers with a new banking choice — one that will enable them to benefit from a simple and exceptional banking experience, built on the significant capabilities of JPMorgan Chase,” Gordon Smith, CEO of consumer and community banking and co-president of JPMorgan Chase, said in the announcement.
https://www.pymnts.com/news/banking/2021/jpmorgan-chase-plans-rollout-of-uk-digital-retail-bank/
