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JPMorgan Chase Makes Big Investment Into Staff and Branches
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JPMorgan Chase Makes Big Investment Into Staff and Branches

JPMorgan Chase Makes Big Investment Into Staff and Branches

Todd Anderson·
FintechNews RoundupUSA
·Jan. 26, 2018·1 min read

As banks keep closing or reorganizing their branch experience JPMorgan Chase just made a big bet on branches and staff; the bank announced a 5 year $20bn investment plan that includes 400 new branches and 4,000 new jobs; the plans included expansion into 15 to 20 new markets for the branches, where most of the staff hires will occur; they also said lending will increase by 25 percent over the next 5 years. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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