<ul data-eligibleForWebStory="false"><li>JPMorgan Chase reorganized its private bank and appointed a global head to help wealthy customers diversify their investments globally.</li><li>David Frame, ex-U.S. head of the private bank, is now in this new role to address the increasing demand for international investment options.</li><li>The minimum balance for the private bank is $10 million, and the reorganization aims to cater to the need for global diversification due to concerns like global conflicts and trade tensions.</li><li>JPMorgan Chase is accelerating its affluent banking offering expansion, while other companies like Citigroup and Revolut are also targeting wealthy customers with tailored services.</li></ul>

JPMorgan Chase Reorganizes Private Bank to Facilitate Global Investments

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