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JPMorgan eyes Swiss corporate business gains, blockchain boost

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Jpmorgan Chase News

Switzerland,Lutz Karl,Business

JPMorgan Chase wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank...

ZURICH - JPMorgan Chase wants to grow its Swiss corporate banking business and hopes to use blockchain services to help gain clients, an executive at the U.S. bank said.

The disappearance of Credit Suisse, which after collapsing last year was taken over by its long term rival UBS, has opened doors for competitors in some areas, said Karl. Blockchain technology was presenting opportunities for growth in cash management via payment transactions, he added. Canary Wharf has suffered a further debt downgrade following an exodus of office workers in the wake of the Covid-19 pandemic.‘Brat’ Fall Begins: Charli XCX Announces ‘Talk Talk’ Remix With Troye Sivan

 

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