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Chase drives interest-rate competition; German providers respond with up to four percent

US bank Chase has heated up competition in the German deposit market with time-limited savings account interest rates of four percent. Brokers such as Trade Republic and Smartbroker are offering significantly higher rates on parked balances, combining these with low trading fees and modern technology. Increased competition in the derivatives and brokerage sectors is also producing tighter spreads, better platforms and generally more attractive terms for retail investors. » Mere på capital.de
JPMorgan Chase launches Chase savings account with 4% interest and expands in Germany

JPMorgan Chase is bringing its digital retail bank Chase to Germany and is offering 4% interest on its savings account for four months at launch. The app-based offering will be rolled out gradually; current plans include checking accounts, investment and credit products by the end of 2028. The goal is to build Germany into a second major European market after the UK and to poach customers from German banks in the competitive interest market. » Mere på finanzen.net
JPMorgan Chase changes bylaws on advance payments for fees and expenses

The board of directors of JPMorgan Chase amended Article IX of the bylaws so that advance payments of fees and expenses must henceforth conform to terms established by the company, which the company may modify. The amended version is attached to the recent SEC filing as an exhibit; for detailed provisions the company refers to the full text. » Mere på de.investing.com