JPMorgan Chase plans to increase U.S. consumer deposit share to 15% and credit card market share to 20%.
JPMorgan Chase aims to increase its U.S. consumer deposit share to 15% and credit card market share to 20%, up from 11.3% and 17% respectively. The bank has $1.96 trillion in deposits and plans to achieve its goal through modernizing infrastructure, leveraging AI, and potential acquisitions that contribute to the financial ecosystem. CEO Marianne Lake is a potential successor to Jamie Dimon.
July 11, 2024
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