Categories: व्यापार

JPMorgan Chase CEO says company is looking at banks in Europe, Latin America

NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America. He made the comments in response to economic commentary from Banco Santander Executive Chair Ana Botín as she laid out growth prospects in both regions. "We are looking at all the banks over there (in Europe) … we are looking at Latin American banks too," Dimon said, without specifying if he meant for acquisitions. A spokesman for JPMorgan declined to elaborate on Dimon's comments. Earlier this year, JPMorgan said it will launch its Chase digital retail bank in Germany in the second quarter of next year. Germany will become Chase's second European market after its launch in Britain in 2021. (Reporting by Nupur Anand in New York, editing by Lananh Nguyen and Nick Zieminski)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

Japan's next finance minister could unsettle the yen bears

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as…

20 minutes ago

Japan's next finance minister could unsettle the yen bears

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as…

31 minutes ago

South Korean court clears Kakao founder of stock manipulation charges

By Heekyong Yang and Heejin Kim SEOUL (Reuters) -A South Korean court on Tuesday cleared…

43 minutes ago

Zions Bancorp's quarterly profit rises on interest income; offsets loan loss

By Pritam Biswas (Reuters) -Zions Bancorp reported a rise in third-quarter profit on Monday, helped…

53 minutes ago

Kessie's double leads Al-Ahli to victory in Asian Champions League

VIDEO SHOWS: HIGHLIGHTS OF THE AFC CHAMPIONS LEAGUE ELITE MATCH BETWEEN AL AHLI AND AL…

59 minutes ago

KKR, Portugal's Quadrantis to buy minority stake in Fosun-owned Peak Reinsurance

(Reuters) -Global investment firm KKR and Portuguese private equity firm Quadrantis Capital will acquire a…

1 hour ago