Major U.S. Banks Showed Largest Q2 Deposit Declines
U.S. bank deposits declined in the second quarter, with major banks unexpectedly suffering the largest dropoffs. The four largest U.S. banks by assets: Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo, lost $262 billion in deposits compared to the previous year. In contrast,...
JP Morgan Plans to Enter EU Market With Online Banking Platform Chase
JP Morgan has plans to launch its online banking platform Chase in European Union. The first European market on their radar is Germany, according to CEO Jamie Dimon.
There were reports about the expansion of Chase to Europe before, but this is the first time...