LONDON, Sept 17 Reuters - JPMorgan is set to launch its big attack on British high street banks and online lenders next week, with the launch of its long planned digital bank Chase.
The venture - JPMorgan's first overseas wholesale business - is set to launch its smartphone app offering initially current accounts on Tuesday, a JPMorgan spokesperson confirmed.
Sanoke Viswanathan, head of the online venture, told the Times and Financial Times on Friday that the bank planned to expand into lending and investment as well as expand in other countries if successful, starting with continental Europe.
The JPMorgan spokesperson confirmed the contents of interviews with various organizations.