Chase seeks new markets with new branches

Justin Ho Mar 14, 2019
HTML EMBED:
COPY
JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year BRYAN R. SMITH/AFP/Getty Images

Chase seeks new markets with new branches

Justin Ho Mar 14, 2019
JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year BRYAN R. SMITH/AFP/Getty Images
HTML EMBED:
COPY

JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year, centered on markets where the bank hasn’t yet entered. New branch openings are noteworthy, given that big banks have also been closing branches left and right — branch closures hit a record high in 2018, according to S&P Global Market Intelligence. JPMorgan’s strategy might be a nod to changing demographics and a move away from the Northeast.

Click the audio player above to hear the full story.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.