February 06, 2024 BY Simon Mugo

JP Morgan Plans To Open 500 New Bank Branches in the US by 2027

This expansion strategy is set against a backdrop where some financial institutions are scaling back their physical locations. According to S&P Global Market Intelligence data, the total number of U.S. bank branches stood at 77,690, following 123 closures and 80 openings in October alone. At the end of 2023, JPMorgan boasted the largest branch network,…

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