JPMorgan Chase & Co

JPMorgan Chase & Co

On Wednesday, Lori Beer, chief information officer of financial holding JPMorgan Chase & Co, said the company plans to hire about 2,000 engineers from various countries by the end of the year, despite the current economic situation.

According to an announcement made by the CEO of UK retail bank Chase, a well-known Wall Street giant, JPMorgan, is planning to increase the number of the bank’s employees at least up to 2000 workers during two years.

Months after opening a virtual lounge at Decentraland, JP Morgan, the largest US bank, plans to expand Web3's range of financial services. A job offering posted on LinkedIn claims a Wall Street bank to seek cryptographers to expand its digital footprint.

The JPMorgan financial company has purchased Renovite Technologies, aiming at expanding its payments business. The company intends to get its portion of this profitable market, in which large financial companies meet an intense competition from fintech disrupters.

JPMorgan considers Germany as an "interesting market" for potential expansion of its consumer segment, however, the final decision has not yet been made, one of the bank's managers said on Thursday. In this regard, the bank intends to recruit a team of retail banking specialists in Germany.