JPM Plans to Increase Swiss Corporate Banking Presence With Blockchain
JPMJP MORGAN CHASE(JPM) ZACKS·2024-09-13 02:16

JPMorgan (JPM) wants to increase its corporate banking presence in the Swiss markets by utilizing its blockchain technology. Lutz Karl, who oversees JPM’s corporate banking operations in Germany, Switzerland and Austria, said that the Wall Street giant is in discussions with potential clients in Switzerland as the bank projects significant growth in its Swiss corporate banking division over the next three to five years.JPMorgan’s blockchain services are already being used in Germany by Siemens, which is the ...