Nutmeg is an online investment management service.
Mandatory Credit: Shutterstock
Stories this photo appears in:
JPMorgan Chase buys robo-adviser Nutmeg ahead of UK banking launch
The biggest US bank is ramping up its plans to expand in the United Kingdom. JPMorgan Chase announced Thursday that it's buying Nutmeg, the UK digital wealth manager, for an undisclosed amount. It said the new acquisition will "complement" the digital bank that it's planning to launch in the country later this year under the Chase brand.
