Chase hires Hamp Johnston to lead Middle Market Banking in East Tennessee.A former executive of Chattanooga’s biggest bank is moving to America’s biggest bank to expand its commercial lending and investment services in East Tennessee.
Hamp Johnston, formerly senior vice president of First Tennessee Bank, has joined JPMorgan Chase & Co., in Chattanooga to lead Chase’s middle market banking team for the eastern part of the state.
“Chase is making a big commitment on the east side of our state and I’m excited about building this business from our hub here in Chattanooga,” Johnston said Wednesday. “With the staff we are building, we can foster relationships locally but also leverage the world-class resources and talent that Chase has around the globe.”
As the biggest U.S. bank with operations in more than 50 countries, Chase can offer more international, treasury, investment banking and asset management services than regional banks “and we think that’s a great fit for the middle market in East Tennessee,” Johnston said.
Chase is targeting businesses with annual revenues between $20 million and $500 million, Johnston said.