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JPMorgan Opens Berlin Hub for Consumer Banking as Chase Sets Q2 2026 Germany Launch

The Kreuzberg site anchors the bank’s retail push in Germany, housing 120 staff with space for roughly 400.

Overview

  • JPMorgan officially opened its German retail-banking headquarters in Berlin’s former Axel-Springer-Passage on Rudi-Dutschke-Straße.
  • About 120 employees have moved into the office, which can accommodate around 400, with further hiring planned in the coming years.
  • Chase plans to enter the German market in the second quarter of 2026 with a mobile app offering a Tagesgeld (daily savings) account and personal customer support.
  • Germany head Alexander Mayer framed the new office and the Chase rollout as part of a broader expansion in Europe’s largest economy.
  • The company selected Berlin for its deep pool of digital talent, with the office designed for collaborative, tech-focused work.