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US Bank JPMorgan creates hundreds of jobs in the UK

American bank JPMorgan Chase is expanding its European retail bank with the addition of hundreds of new employees. Nearly three months after New York Money House launched its subsidiary Chase’s digital platform in Great Britain, the number of employees is expected to rise to 1,000 by 2022, according to Sanoke Viswanathan, head of JPMorgan’s international private client business, Reuters news agency.

Since entering the UK in September, the number of employees has increased from 200 to 800. “If all goes well, we want to be represented in all major European markets over time,” Viswanathan stressed.