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Almost five years after launching its digital bank Chase in the UK, CEO Jamie Dimon is preparing to take on Germany. JPMorgan’s digital entry marks a departure from earlier attempts by international lenders, which struggled to gain scale through costly branch networks.
“It was the first time we were making the platform multi-country, multi-currency and multi-language,” Llano Manibardo told the FT. “These initial investments are always bigger and take a bit longer...
https://www.ft.com/content/41c4c05b-9850-44cb-ba70-029f2cadbed1?syn-25a6b1a6=1
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