JPMorganChase to raise fees on some small-business accounts

Key insight: The changes will impact fewer than 5% of customers in JPMorganChase's business banking segment, which has been steadily growing. Supporting data: From 2019 to 2024, business banking deposits at the bank grew by 72%. What's at stake: The fee changes come as the bank aims to capture greater wallet share of affluent and small-business customers. JPMorganChase is raising fees on one of its deposit products for small and midsize businesses for the first time in over eight years. America's bigg ...