JPMorgan says integration of First Republic Bank is going as per plan

A branch of First Republic Bank is seen after Jamie Dimon’s JPMorgan Chase & Co emerged as the winner of a weekend auction of the bank in San Franciso, California, U.S. May 1, 2023. REUTERS/Hyun Joo Jin Acquire Licensing RightsNEW YORK, Dec 5 (Reuters) – JPMorgan Chase’s (JPM.N) integration of failed First Republic Bank is going according to the plan as it looks to retain customers and build on services it acquired, said Marianne Lake, the Co-CEO of JPMorgan’s consumer and community bank.JPMorgan, the largest U.S. lender, has retained 90% of First Republic customers since the purchase in May.” …
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