NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America, without giving further details, but a spokesperson later said the comments were in jest. Dimon made the comments in response to economic commentary from Banco Santander Executive Chair Ana Botín as […]
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JPMorgan CEO says company looking at Europe, Latin America banks
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NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America, without giving further details, but a spokesperson later said the comments were in jest.
Dimon made the comments in response to economic commentary from Banco Santander Executive Chair Ana Botín as she laid out growth prospects in both regions at a financial conference in Washington.
“We are looking at all the banks over there (in Europe) … we are looking at Latin American banks too,” Dimon said, without specifying if he meant for acquisitions.
A JPMorgan spokesperson said later that Dimon was joking.
Earlier this year, JPMorgan said it would launch its Chase digital retail bank in Germany in the second quarter of 2026. Germany will become Chase’s second European market after its launch in Britain in 2021.
(Reporting by Nupur Anand in New York, editing by Lananh Nguyen and Rod Nickel)