JPMorgan Chase has launched Chase, a digital retail bank in Germany, marking its first retail push into continental Europe and making Germany its second European consumer market after the U.K. The new offering began in Berlin with a fee-free savings account as the first product, and JPMorgan said it plans to broaden the app-based service over time to include current accounts, investments and lending. The launch matters because it extends Chase’s digital-banking model beyond the U.K., where the bank has already built a sizable retail base, and tests whether the strategy can scale in a large but highly competitive savings market like Germany. The German operation is run through J.P. Morgan SE and is subject to local deposit protection and supervision, underscoring that the expansion is not just a marketing push but a regulated banking entry into a new market.

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