Exclusive | JPMorgan Is Reorganizing Its Private Bank to Cater to Superrich Global Clientele - WSJ

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/jpmorgan-private-bank-global-wealthy-9dfadefd By July 3, 2025 5:30 am ET Listen (3 min) JPMorgan Chase JPM 1.86% increase; green up pointing triangle is reorganizing its private bank to better serve the world’s richest people, who want to safeguard their wealth by spreading it around the globe. With a minimum required balance of $10 million, JPMorgan’s white-glove bank for the superrich is one of the preferred places for the world’s elite to store their wealth. These customers are demanding that JPMorgan invest more of their money abroad, not just in the country where they spend the bulk of their time. Growing conflicts in the Middle East and the risk of a global tr

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/jpmorgan-private-bank-global-wealthy-9dfadefd By July 3, 2025 5:30 am ET Listen (3 min) JPMorgan Chase JPM 1.86% increase; green up pointing triangle is reorganizing its private bank to better serve the world’s richest people, who want to safeguard their wealth by spreading