The one bank CEO who tried really hard to play up his bank's global ambitions was Citigroup's (C) Vikram Pandit. But he's not the only one with the global bug. JPMorgan's (JPM) Jamie Dimon obviously sees a huge opportunity in servicing multinational companies. The bank just launched a business to sell loans and commercial banking services to multinational corporations and seems to have Citi and HSBC in its cross hairs, notes Forbes.

Steve Black, executive chairman of JPMorgan's investment bank, has been promoted to vice chairman, a role in which he will work directly with the bank's biggest multinational clients among other things. It makes sense to want to diversify away from the U.S. market. But I'm not sure other developed economies are faring that much better. Still, multinationals have unique financing and servicing needs, and few banks are positioned to serve them. 

For more:
- here's the Forbes article

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