You are here

JPMorgan ATMs become harder to find after retail retreat

Friday, January 16, 2015 - 05:50

CEO Jamie Dimon is cutting costs and shrinking JPMorgan's physical footprint as more consumers use mobile phones and other digital devices to bank.

New York

FINDING a Chase ATM is getting harder.

JPMorgan Chase & Co reduced automated teller machines by 12 per cent last quarter as the largest US bank exited from some retail locations.

The lender scaled back its relationship with ATM network operator Cardtronics Inc,

Powered by GET.comGetCom

Market voices on:

Powered by GET.comGetCom