TOKYO -- JPMorgan Chase is expanding its transaction banking business in Japan, pitting its speedy international funds transfer system against Japanese banks still playing catch-up in the field.
Finance
JPMorgan takes on Japan banks with fast foreign-currency transfers
U.S. banking group casts wider net for corporate clients with cash management
JPMorgan Chase has experienced steady growth in its transaction banking business, in contrast to its struggling investment banking segment. © Reuters
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