The bank, which will launch its Chase digital retail bank in Germany in the second quarter of next year, officially opened the Berlin office on Tuesday, though staff moved in a few weeks ago. JPMorgan's move into German retail banking marks a bold move into the already crowded banking market of Europe's largest economy.
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JPMorgan employs 120 at digital retail bank in Germany, to grow over time
"Chase ... plans to continue hiring in the coming years," the bank said in a statement.
