"JPMorgan Expands with 500 New Branches, Encouraging Return to Office"

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Source: Fortune
"JPMorgan Expands with 500 New Branches, Encouraging Return to Office"
Photo: Fortune
TL;DR Summary

JPMorgan Chase plans to add 500 branches and renovate 1,700 over the next three years, aligning with CEO Jamie Dimon's preference for in-person work and face-to-face interactions. Dimon has been vocal about his skepticism of remote work and its effectiveness, particularly for managers and client-facing services. The expansion aims to cater to daily foot traffic of 900,000 people, with a focus on serving small business owners and traditionally underbanked Black and Latino populations in low-income and rural communities.

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