JPMorgan Chase has blocked its Hong Kong employees from accessing Anthropic’s Claude AI model, according to a Financial Times report on June 18, 2026. Three people familiar with the matter said staff could no longer select Claude from a drop-down list of approved large language models. Separately, the bank is planning to expand its digital bank to at least five European countries by 2030, adding at least three markets to its existing operations in the U.K. and Germany, with France, Spain, and Italy among the possibilities. On June 15, Chase announced new earning categories, travel credits, and protections for its Sapphire Preferred card, offering accelerated points on travel and everyday purchases. Last month, CEO Jamie Dimon said the bank could spend up to $20 billion on an acquisition over the next couple of years, though he described M&A as nearly a last resort and warned that dealmaking often compensates for weak organic growth.
JPMorgan Chase & CoPlans to expand digital bank to Europe and new credit card features are positive but M&A comments are cautious.
JPMorgan blocks Hong Kong staff from using Anthropic's Claude AI, reducing adoption.