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JPMorgan Insight: New First Republic Plans Explained

JPMorgan Chase & Co is undergoing a major transformation of the branches it acquired from First Republic Bank, a failed financial institution.

JPMorgan begins transforming First Republic branches to offer personalized service and expand presence. PHOTO: Delano/Shutterstock
JPMorgan begins transforming First Republic branches to offer personalized service and expand presence. PHOTO: Delano/Shutterstock

To strengthen its presence across the United States, the giant bank plans to establish numerous branches nationwide. Jennifer Roberts, CEO of Chase Consumer Banking, revealed that expanding their branch network is a crucial step for capturing a larger market share.

This decision stems from the fact that 75% of JPMorgan’s customers visit a

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