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JPMorgan looks for big payoff from lead in deposit race

Tuesday, January 17, 2017 - 05:50

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Perhaps the most substantial driver of Chase's deposit growth? Sheer size and scale: it has more resources than competitors to spend to build up deposits.

New York

OVER the past five years, stock analysts have challenged JPMorgan Chase & Co executives for keeping so many branches open as customers did more and more banking online.

Giving up real estate, the analysts said, was an obvious way the bank could save money when interest

sentifi.com

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