Marketplace®

Daily business news and economic stories

Chase seeks new markets with new branches

JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year.

JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year
JPMorgan Chase just announced that it’ll open 90 new branches by the end of the year
BRYAN R. SMITH/AFP/Getty Images

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.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    7 hours ago
    25:59
  • Make Me Smart
    10 hours ago
    19:16
  • Marketplace Morning Report
    15 hours ago
    6:49
  • Marketplace Tech
    19 hours ago
    7:51
  • Million Bazillion
    6 days ago
    26:02
  • How We Survive
    11 days ago
    16:54
  • This Is Uncomfortable
    2 months ago
    37:19
  • Financially Inclined
    2 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58