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Chase Plans Expansion In Top US Markets In 2019

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Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others.

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Fed Names New Payments Security Leader

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Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Montgomery will also retain his position at the Boston Fed, where he focuses on services for the U.S. Treasury and financial market, among other responsibilities.

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Fed Concerned Trade War Could Trigger Recession

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Officials have not dispelled market expectations that interest rates could be cut again for the third time when they meet later this month. Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said. economy, such as the services sector. .

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