JPMorgan to close 21 First Republic Bank branches – Reuters News Agency

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Business & Finance

Reuters exclusively reported that JPMorgan Chase & Co (JPM.N) will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations. 

Market Impact

JPMorgan is the largest U.S. lender, with more than 296,000 employees and 4,800 branches. It plans to invest in opening more locations while also expanding its digital offerings, executives told investors last month.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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