JPMorgan Plans Expansion of Swiss Corporate Banking and Blockchain Services

According to Odaily, JPMorgan's head of European operations, Lutz Karl, revealed in an interview with Reuters that the bank aims to expand its corporate banking services in Switzerland. The plan includes offering blockchain services to its clients. Karl emphasized that over the next three to five years, JPMorgan intends to grow its presence in Switzerland, aspiring to become one of the leading foreign banks in the market, alongside Deutsche Bank, Citibank, HSBC, and BNP Paribas.