JPMorgan Executive: Aims to Provide Blockchain Services to Clients

ChainCatcher news, Lutz Karl, head of European operations at JPMorgan Chase, stated in an interview with Reuters that the group aims to expand its corporate banking business in Switzerland and hopes to offer blockchain services to clients.

Lutz Karl pointed out that JPMorgan plans to expand its Swiss operations over the next 3 to 5 years, aiming to become one of the foreign banks with the largest market share in the region, alongside Deutsche Bank, Citibank, HSBC, and BNP Paribas. (Hong Kong Economic Journal)