Chase Plans 400 Branches In New Markets

JPMorgan Chase also plans to expand its small business lending and step up activities in the affordable housing space. NEW YORK CITY—As part of a $20-billion investment plan announced Tuesday, JPMorgan Chase plans to add as many as 4,000 jobs and 400 bank branches in new US markets. The financial services giant also plans to step up lending in the affordable housing arena, at both the single-family and multifamily levels. At present, Chase has 5,130 branches in 23 states and intends to expand by 15 to 20 new markets in several new states over the next five years. “The heart of our company is our retail branches,” says Gordon Smith, CEO of consumer & community banking, Chase. “We are a leader

Recent Posts

Search By Tags

Archive


© 2017 Invest Commercial.


 

  • Facebook Social Icon
  • LinkedIn Social Icon

 Invest-Commercial |  (516) 344-8008  | 1 Dupont St , Plainview, New York 11803