Hot Pursuit


  • By Mark Gordon
  • | 6:51 a.m. September 14, 2012
  • | 0 Free Articles Remaining!
  • Finance
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Jeremy Young, a top Florida executive for JPMorgan Chase, doesn't talk like someone whose industry is fresh off a five-year tailspin.

In fact, Young's division, which spreads from Naples to Tampa and parts of central Florida, is ascending. The New York City-based bank, with $2.29 trillion in assets through June 30, intends to open more than 50 branches in Florida this year, including at least a dozen on the Gulf Coast. The bank opened 40 branches in Florida in 2011, and now has 318 locations statewide.

“We want to be where our customers live and vacation,” says Young. “We are really just playing catch up now.”

 

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