JPMorgan Chase announces $1.5T security and resilience initiative

Government

Oct. 13 (UPI) -- JPMorgan Chase unveiled plans Monday for a 10-year, $1.5 trillion initiative to provide funding and invest in sectors, from rare minerals to cutting-edge technologies, seen as critical to the economic security and resilience of the United States. The world's largest bank said it would invest $10 billion of that directly, via equity and venture capital funding , to help selected companies, mostly in the United States, boost growth, drive innovation and accelerate strategic

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