JPMorgan Targets Tech Investments From Revenue Boost

The video discusses the slower pace of economic growth and the need for more expensive funding due to quantitative tightening and higher interest rates. JP Morgan plans to invest in technology, focusing on digital coins and corporate payments, while also expanding its branches into more states. The banking sector is seeing a trend towards increased efficiency through technology, potentially reducing workforce size. Smaller banks are merging, and big banks like JP Morgan aim to maintain their lead.

What significant change is JP Morgan making regarding its branches?

What is the current environment in banking as described in the text?