JPMorgan Joins U.K. Consumer Market with New Digital Bank

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JPMorgan Joins U.K. Consumer Market with New Digital Bank

Bloomberg2021-09-21

Chase launches in Britain with an online current account JPMorgan is latest new entrant after Goldman Sachs, fintechs JPMorgan Chase & Co. opened its digital retail bank in the U.K. on Tuesday as it ...

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peterob1
·2021-09-21
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sashwat
·2021-09-21
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Chase will also try to tempt new customers with 1% cashback on debit card spending for the first year.\nBritain’s consumer-banking market, long dominated by a handful of lenders, has in recent years seen digital startups emerge such as Monzo Bank Ltd. and Starling Bank Ltd. 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Chase will also try to tempt new customers with 1% cashback on debit card spending for the first year.\nBritain’s consumer-banking market, long dominated by a handful of lenders, has in recent years seen digital startups emerge such as Monzo Bank Ltd. and Starling Bank Ltd. JPMorgan’s Wall Street rival Goldman Sachs Group Inc. brought its online bank, Marcus, to the U.K. in 2018.\nJPMorgan agreed to buy U.K. digital wealth manager Nutmeg Saving and Investment in June as part of its attempt to build retail services in the country.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5943381,"gmtCreate":1632204225886,"gmtModify":1663234196630,"authorId":3582888287934264,"author":{"id":3582888287934264,"idStr":"3582888287934264","authorId":3582888287934264,"name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860445131,"type":1,"supId":0,"prevId":0,"content":"Up upupup","text":"Up upupup","html":"Up upupup"}],"langContent":"EN"},{"id":860442445,"gmtCreate":1632204158087,"gmtModify":1676530724984,"author":{"id":"4093532058899880","authorId":"4093532058899880","name":"sashwat","avatar":"https://static.tigerbbs.com/55a9bd12559bff72c9fba56bcd3d3db2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4093532058899880","authorIdStr":"4093532058899880"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860442445","repostId":1170779582,"repostType":4,"repost":{"id":"1170779582","pubTimestamp":1632202397,"share":"https://ttm.financial/m/news/1170779582?lang=&edition=fundamental","pubTime":"2021-09-21 13:33","market":"us","language":"en","title":"JPMorgan Joins U.K. Consumer Market with New Digital Bank","url":"https://stock-news.laohu8.com/highlight/detail?id=1170779582","media":"Bloomberg","summary":"Chase launches in Britain with an online current account\nJPMorgan is latest new entrant after Goldma","content":"<ul>\n <li>Chase launches in Britain with an online current account</li>\n <li>JPMorgan is latest new entrant after Goldman Sachs, fintechs</li>\n</ul>\n<p>JPMorgan Chase &amp; Co.&nbsp;opened its digital retail bank in the U.K. on Tuesday as it expands its consumer business overseas.</p>\n<p>The bank, called Chase, launched with a fee-free current account and plans to add savings and investment accounts along with loans, according to a statement. Chase will also try to tempt new customers with 1% cashback on debit card spending for the first year.</p>\n<p>Britain’s consumer-banking market, long dominated by a handful of lenders, has in recent years seen digital startups emerge such as Monzo Bank Ltd. and Starling Bank Ltd. JPMorgan’s Wall Street rival Goldman Sachs Group Inc. brought its online bank, Marcus, to the U.K. in 2018.</p>\n<p>JPMorgan agreed to buy U.K. digital wealth manager Nutmeg Saving and Investment in June as part of its attempt to build retail services in the&nbsp;country.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Joins U.K. Consumer Market with New Digital Bank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Joins U.K. Consumer Market with New Digital Bank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-21/jpmorgan-joins-u-k-consumer-market-with-new-digital-bank?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chase launches in Britain with an online current account\nJPMorgan is latest new entrant after Goldman Sachs, fintechs\n\nJPMorgan Chase & Co. opened its digital retail bank in the U.K. on Tuesday as it ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-21/jpmorgan-joins-u-k-consumer-market-with-new-digital-bank?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-21/jpmorgan-joins-u-k-consumer-market-with-new-digital-bank?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170779582","content_text":"Chase launches in Britain with an online current account\nJPMorgan is latest new entrant after Goldman Sachs, fintechs\n\nJPMorgan Chase & Co. opened its digital retail bank in the U.K. on Tuesday as it expands its consumer business overseas.\nThe bank, called Chase, launched with a fee-free current account and plans to add savings and investment accounts along with loans, according to a statement. Chase will also try to tempt new customers with 1% cashback on debit card spending for the first year.\nBritain’s consumer-banking market, long dominated by a handful of lenders, has in recent years seen digital startups emerge such as Monzo Bank Ltd. and Starling Bank Ltd. JPMorgan’s Wall Street rival Goldman Sachs Group Inc. brought its online bank, Marcus, to the U.K. in 2018.\nJPMorgan agreed to buy U.K. digital wealth manager Nutmeg Saving and Investment in June as part of its attempt to build retail services in the country.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5943450,"gmtCreate":1632204557197,"gmtModify":1663234196137,"authorId":3581244873474125,"author":{"id":3581244873474125,"idStr":"3581244873474125","authorId":3581244873474125,"name":"US_watchlist","avatar":"https://static.tigerbbs.com/c45e6bbe1cefb0fecde067a20b3c788f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860442445,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":24,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}