(Bloomberg) -- Global bonds are soaring at the fastest pace since the 2008 financial crisis. Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterHamas Releases 12 Hostages Despite Claims of Truce ViolationsIndia to Add $5 Billion Aircraft Carrier to Fleet to Counter ChinaA Bloomberg gauge of global sovereign and corporate debt has ret
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JPMorgan Chase President and Chief Operating Officer Daniel Pinto said he expects its Chase UK consumer bank to break even in the next 12 to 18 months. "We have acquired around two million customers" in the United Kingdom, Pinto told a Financial Times conference on Tuesday. The largest U.S. lender opened the digital bank in the UK in 2021, its first foray into international retail business.