JPMorgan to Open More than 500 New Bank Branches

JPMorgan to open more than 500 new bank branches over next three years By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in recent years, with plans to add more than 500 new U.S. locations by 2027 to broaden its footprint in areas where it is under-represented. The multi-billion dollar investment will see it open new branches in places including Boston, Charlotte, the area surrounding Washington D.C., Minneapolis and Philadelphia, the bank said. It did not specify the exact amount of the investment. JPMorgan’s aggressive…