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6 Articles
JP Morgan to invest $10 Billion into national security companies
In an effort to boost the American economy in the face of growing trade tensions with nations like China, JPMorgan Chase said Monday that it will directly invest $10 billion in businesses it deems essential to U.S. national security. Additionally, Over the next ten years, the bank pledged to facilitate $1.5 trillion in investments for companies it considers “critical to national economic security and resiliency.” This plan includes $10 billion …
The big banker JPMorgan Chase announced a $10 billion investment plan in American companies considered essential for security...
JPMorgan Rediscovers Its Patriotic Spirit (and Sniffs Out a Deal): $10 Billion for US National Security - Economic Scenarios
JPMorgan Chase will invest up to $10 billion in U.S. companies tied to national security , including energy, nuclear power, network infrastructure and critical minerals, as part of a broader $1.5 trillion capital commitment aimed at strengthening the country's industrial base, Reuters reported on Monday. The program, called the "Security and Resiliency Initiative," identifies four strategic areas: energy independence and resilience, defense manu…
JP Morgan announced a plan to lead investments in companies considered to be “critical” for the future of the American economy – and will put US$ 10 billion of its own capital at the initiative. “It has become clear that the US has become very dependent on non-trust sources of minerals, products and essential products for our national security”, said Jamie Dimon, CEO of the bank. “Our security depends on the strength and resilience of the Americ…
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