{"id":340933,"date":"2021-09-17T19:48:47","date_gmt":"2021-09-17T16:48:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/jpmorgan-to-launch-digital-bank-chase-in-britain\/"},"modified":"2021-09-17T19:48:47","modified_gmt":"2021-09-17T16:48:47","slug":"jpmorgan-to-launch-digital-bank-chase-in-britain","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/jpmorgan-to-launch-digital-bank-chase-in-britain\/","title":{"rendered":"#JPMorgan to launch digital bank Chase in Britain"},"content":{"rendered":"<p>&#8220;<strong>#JPMorgan to launch digital bank Chase in Britain<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>JPMorgan\u00a0is set to launch its big assault on British high street banks and online lenders from next week, with the launch of its long-planned digital retail bank\u00a0Chase.<\/p>\n<p>The venture \u2013\u00a0JPMorgan\u2019s first overseas retail bank \u2013 is set to launch its smartphone <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> initially offering current accounts on Tuesday, a\u00a0JPMorgan\u00a0spokesperson confirmed.<\/p>\n<p>Sanoke Viswanathan, head of the online venture, told the Times and Financial Times <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>papers on Friday the bank planned to expand into lending and investments as well as expand in other countries if successful, starting with continental Europe.<\/p>\n<p>The\u00a0JPMorgan\u00a0spokesperson confirmed the contents of the interviews.<\/p>\n<p>JPMorgan\u00a0is following U.S. rival Goldman Sachs into the market, which has been offering savings accounts to consumers in Britain since 2018.<\/p>\n<p>The U.S. banks are looking to bolster lucrative but volatile returns in investment banking with steadier retail revenues, but face a competitive market dominated by incumbents including Lloyds, Barclays, NatWest and HSBC .<\/p>\n<p>It will also compete with a crowded field of relative newcomers including Monzo and Starling.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/09\/chase-launching-digital-bank-britain2.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Exterior of a Lloyds Bank in London with two people standing at an ATM \" class=\"wp-image-19490248\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/09\/chase-launching-digital-bank-britain2.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/09\/chase-launching-digital-bank-britain2.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/09\/chase-launching-digital-bank-britain2.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Chase\u2019s new digital bank in Britain will face stiff competition from Lloyds and other banks that have long served the nation.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>JPMorgan\u00a0bolstered its British venture earlier this year by purchasing digital wealth manager Nutmeg for 700 million pounds ($966 million), as it aims to tap a growing band of pandemic-era savers.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/09\/17\/jpmorgan-to-launch-digital-bank-chase-in-britain\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#JPMorgan to launch digital bank Chase in Britain&#8221; JPMorgan\u00a0is set to launch its big assault on British high street banks and online lenders from next week, with the launch of its long-planned digital retail bank\u00a0Chase. The venture \u2013\u00a0JPMorgan\u2019s first overseas retail bank \u2013 is set to launch its smartphone app initially offering current accounts on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":340934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/09\/chase-launching-digital-bank-britain.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[116093,5055,98884,70792,88785],"class_list":["post-340933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-9-17-21","tag-apps","tag-digital-life","tag-jpmorgan-chase","tag-mobile-banking"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=340933"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/340934"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=340933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=340933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=340933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}