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JPMorgan Chase to enter German retail banking market in 2026 – report

JPMorgan Chase is set to enter Germany’s retail banking sector in the second quarter of 2026 to become one of the country’s top five consumer lenders, reported Financial Times (FT), citing Chase’s Germany head Daniel Llano Manibardo. This move follows JPMorgan’s earlier expansion of its digital retail banking services to the UK in 2021 and represents the next phase of its European growth strategy. Llano Manibardo, in an interview, told FT: “Our ambitions are high, even as he acknowledged that making mone ...