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WSJ — Markets — JPMorgan Expansion — Finance — Investment — Wealth

America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing

JPMorgan Chase has expanded into 25 new states and now has over 13% of the nation’s deposits. The bank is not done growing, with plans to manage customers’ wealth and transform healthcare.

1 min read
  • JPMorgan Chase has expanded into 25 new states plus Washington, D.C. since 2018 and has more than 13% of the nation’s deposits.
  • It added another 93 branches when it bought First Republic Bank in a government-backed fire sale.
  • JPMorgan’s investment bankers bring in more revenue than all of their Wall Street rivals.
  • The bank is trying to transform employer-sponsored healthcare.
  • JPMorgan is planning to grow in the markets and products where it isn’t already No. 1.
America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing
The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger
WSJDavid Benoit

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