Branch Closing news and trends

JPMorgan First Big Bank To Shutter Branches As Virus Spreads

March 19, 2020
JPMorgan Chase, branch closing, banking, reduced hours, coronavirus
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JPMorgan First Big Bank To Shutter Branches As Virus Spreads

March 19, 2020
JPMorgan Chase is temporarily closing 1,000 branches — about 20 percent of its locations — in the wake of the coronavirus, according to a report in The Financial Times citing an internal memo. It is the largest retail bank to shutter branches because of the pandemic. A JPMorgan Chase official sent a memo to workers on Wednesday […]