JPMorgan Targets More Of Germany’s Mittelstand Economic Engine – Uber Turco News

JPMorgan Targets More Of Germany’s Mittelstand Economic Engine

Bycengizadabags

May 20, 2022
JPMorgan Chase & Co plans to make further inroads in Germany by targeting more of the medium-sized firms that form the backbone of Europe’s largest economy, executives at the U.S. bank said.
The move is a challenge to established lenders such as Commerzbank, UniCredit’s HypoVereinsbank, and Deutsche Bank, which have dominated a crowded market for so-called Mittelstand companies for decades.

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