JPMorgan merges commercial banking groups for fast-growing start-ups

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JPMorgan Chase & Co said on Monday it is combining its middle-market technology ...

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files/File Photo

The technology and disruptive commerce industry group will be lead by James Millar and Alton McDowell and will focus on promising start-ups that specialize in software, semiconductors, food, health and wellness, lifestyle and pet products. JPMorgan, the largest U.S. bank by assets, will use this group to sell these small to mid-market companies everything from handling their treasury, payments, credit and financing, to mergers and acquisitions advice.

 

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