Monday, February 22, 2016

Exclusive: JPMorgan Chase CEO talks new campus, North Texas business climate

JPMorgan Chase & Co. (NYSE: JPM) plans to grow its consumer and business-to-business operations in North Texas, CEO Jamie Dimon told the Dallas Business Journal.

Though JPMorgan Chase announced last year it would eliminate 300 of its roughly 5,600 branches nationwide, Dimon said that the company is not cutting down its retail presence in the Dallas-Fort Worth area. In fact, he said the company, which has 242 branches in North Texas, will expand its wealth management business and add mortgage and small business loan officers in the region.

JPMorgan Chase CEO Jamie Dimon

“We [serve] real estate, corporations, middle-market companies, growth companies, technology companies … we bank just about everything there is,” Dimon said. “The breadth and scope is enormous.”

By Korri Kezar of Dallas Business Journal