We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

JP Morgan Chase

superM
superM Posts: 476 Forumite
Part of the Furniture 100 Posts Combo Breaker
edited 2 June 2021 at 8:15PM in Budgeting & bank accounts
https://www.thetimes.co.uk/article/jp-morgan-joins-chase-in-uk-digital-banking-j9dxc77l7

A new bank is due to arrive in Britain this autumn, but unlike some of the digital brands that have tried to challenge the established names in recent years, this is a challenger with 200 years of history and a formidable reputation on Wall Street. The arrival of JP Morgan into the retail banking market promises to bring new intrigue to an increasingly competitive sector.

Having been challenged by younger rivals, two of the world’s most powerful lenders have built their own digital banks and are sending them across the Atlantic. First came Goldman Sachs with Marcus, an online savings platform that has attracted just over 700,000 British customers in less than three years. Now JP Morgan is poised to open a digital retail bank

Will be interesting to see what they have to offer which other banks don't. 
«1

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.