JPMorgan Chase, the world’s biggest lender by market capitalisation is set to introduce savings and loans products in the UK using the Chase brand in the next few months.
- This significant new entry into the UK consumer banking sector could spark a new price war among lenders already struggling to deal with a protracted period of ultra-low interest rates.
Source: https://us-fintech.com/news--insights/jpmorgan-chase-set-to-launch-uk-digital-consumer-bank-this-year