Citigroup chair and CEO Jane Fraser, speaking at an event at the Council of Foreign Relations last evening, got around to fintech competition, leaving me thinking of a peeve I have with her biggest rival, J.P. Morgan Chase. Noting that Citi has the largest global physical presence of any U.S. commercial bank, Fraser observed thatContinue reading “Chase, Fintech and a Dinosaur’s Paper Checks”
Tag Archives: Citibank
Chase Is Happy to Be ‘Just Another Bank’
This Wall Street Journal article of the past week spotlights the unusual (for today) strategy of opening numerous bank branches by the nation’s largest such financial institution, J.P Morgan Chase. It comes at a time when most other banks are retreating from the branch ubiquity approach, something many had embraced in urban areas not 15Continue reading “Chase Is Happy to Be ‘Just Another Bank’”