When asked if he’d take a look at a European lender, Dimon has said — correctly — that it makes little sense for the world’s most profitable bank to add branches in such a fiercely competitive market, where returns are barely half what JPMorgan makes. Instead, he’s reportedly looking at starting a digital bank in the U.K. He may even try to buy an upstart British challenger, Starling Bank, according to some press reports. But that would be small fry.



Source link

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *