JP Morgan targets mid-sized firms in challenge to European banks

Thumbing through a thick binder detailing European mid-sized and family-owned firms, JP Morgan’s Doug Petno has his sights set on a business Europe’s banks have kept to themselves. “This list is heavily curated, handpicked,” Petno, the New York-based CEO of JP Morgan’s commercial banking segment, told Reuters of the 1,500 companies it wants to become […]

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2B3LgZJ