JPMorgan's digital retail bank in Germany open for business
Tweet
Share
E-mail
FILE PHOTO: The JPMorgan Chase & Co. logo in one of the headquarters’ entrances in New York City, U.S., April 1, 2026. REUTERS/Eduardo Munoz/File Photo
FRANKFURT, May 20 (Reuters) - JPMorgan said that it was officially opening its Chase digital retail bank in Germany on Wednesday, with customers now able to download an app and its website going live.
The U.S. banking giant has been preparing the launch for several years with a spate of hiring but had kept the exact timing of the launch under wraps.
Germany will be Chase's second European market, after its launch in Britain in 2021.
The business marks a move into the crowded banking market of Europe's largest economy.
The bank will initially offer a free savings account but will branch out with further account and product offerings next year.
(Reporting by Tom SimsEditing by Ludwig Burger)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- South Korean military, UN command launch investigation into DMZ explosion
- Floods, landslides kill 56 in India and 14 in Nepal
- South African police probe mining feud, business rivalry after shootings kill 27
Create E-mail Alert Related Categories
ReutersRelated Entities
JPMorganSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
