JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next three years.The move aims to expand the bank’s presence in areas where it lacks representation, Reuters reported Tuesday (Feb. 6).J.P. Morgan’s expansion comes at a time when some lenders are reducing their presence. The number of active branches in the U.S. saw a net decrease of 43 in October, the report said, citing data from S&P Global Market Intelligence. J.P. Morgan h ...