JPM Seeks Africa Expansion, CEO Dimon to Visit Continent Next Month
JP MORGAN CHASE(JPM) ZACKS·2024-09-19 15:56
JPMorgan (JPM) , which has long considered overseas markets as a key contributor to its growth, now seeks to expand in the African continent. Per a Reuters report, citing four sources familiar with the matter, the bank’s CEO, Jamie Dimon, will travel to Africa in mid-October.JPMorgan has already been offering asset and wealth management, and commercial and investment banking services in South Africa and Nigeria.During his trip next month to Africa, which will be the first in seven years, Dimon is expected t ...