JPMorgan plans to expand Swiss corporate banking, targeting SMEs and using blockchain for cash management.

JPMorgan Chase plans to expand its Swiss corporate banking operations over the next three to five years, focusing on market share growth, particularly among small and medium-sized enterprises. Utilizing blockchain technology for enhanced cash management and payment transactions, the bank aims to attract new clients. Currently serving around 60 large companies in Switzerland, JPMorgan has successfully implemented blockchain services in Germany and will soon introduce them in Switzerland.

September 11, 2024
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