Core Viewpoint - JPMorgan Chase is set to launch its Chase digital retail bank in Germany in the second quarter of next year, marking a significant entry into Europe's largest banking market [1] Company Summary - JPMorgan Chase has been preparing for this project for several years and has conducted multiple rounds of hiring [1] - The bank has previously launched the Chase digital retail bank in the UK in 2021, making Germany its second European market [1] Industry Summary - The move comes as Spain's external bank has also announced plans to launch a digital bank in Germany, indicating increased competition in the digital banking sector within the country [1]