JPMorgan to Step Up Investments in Germany, Dimon Says

JPMorgan Chase & Co. intends to expand its presence in Germany, Chief Executive Officer Jamie Dimon said in remarks published by German business daily Handelsblatt. Dimon did not quantify the planned outlays but indicated that the bank sees additional investment opportunities in Europe’s largest economy. The move would build on JPMorgan’s existing operations in Germany, where it employs several hundred staff across corporate and investment-banking activities. Dimon’s comments signal continued commitment to growth in continental Europe despite heightened regulatory and economic uncertainty.