$JPMorgan Chase(JPM.US)
Context: Chase for Business, JPMorgan Chase's (JPM), is expanding services to eligible Business Banking customers by adding Chase Payroll, powered by Gusto, to banking and payment activities that business customers already manage through Chase, the company said Wednesday. Recent Chase research indicated that 89% of small business owners said they would find it valuable to manage payroll within the same platform they use for business banking and payments. Chase Payroll is the latest addition to the bank's growing line of value-added services, which includes solutions such as Business Credit Journey, Customer Insights, and Invoicing.
My Trade: One of the best traditional bank stocks to hold for compounding and dividends. I will look to add below $300.
Takeaway: The move highlights the importance of small business customers even for the largest bank in the U.S. by assets. @Captain's Treasure
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