NEW YORK — A trio of former JPMorgan Chase & Co. executives has formed an investment entity to target banks.

The venture, known as Encore Financial Partners Inc., counts Denis O'Leary, Stephen Rotella and Harry DiSimone among its principals, said people familiar with the matter. Encore will seek to acquire and manage banks with a focus on consumer lending and technology-driven, back-office functions because of its founders' experience, these people said.

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