FinTech
JP Morgan Chase to buy loss-making robo-adviser Nutmeg
The acquisition of Nutmeg will complement the launch of its digital bank under its 'Chase' brand later on in 2021, the firm said. Nutmeg provides a digital advice service to 140,000 customers who hold £3.5bn invested assets with the firm. Nutmeg has lost a lot of money in its bid…
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