Reuters
Analysis: JPMorgan, Goldman bet on tech to crack UK consumer market
JPMorgan Chase & Co and Goldman Sachs Group Inc are taking on a consumer finance market many outsiders have tried and failed to crack: Britain. The two are testing the UK market to see if their U.S. retail brands, Chase and Marcus, can be rolled out globally. Six lenders dominate the UK retail arena: Lloyds Banking Group PLC, NatWest Group PLC, Barclays PLC, HSBC Holdings PLC, Banco Santander SA and Nationwide Building Society.
