JPMorgan Chase is targeting retail banking operations in at least five European countries by 2030, according to people familiar with the matter. The US bank currently operates its digital retail brand, Chase, in the UK and Germany; the latter launched just last month and is now eyeing France, Spain and Italy as its next markets, though no final decisions have been made on sequencing. The expansion is led by Mark O'Donovan, head of JPMorgan's international consumer bank, who also oversees the bank's 46% stake in Brazilian digital lender C6.
