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JPMorganChase Launches $1.5T Security and Resiliency Initiative
- killingtime74 1y agoSounds like marketing. How much is new money and how much is reclassifying things. Also it's probably customer money, not their own.
- mnky9800n 1y agoits probably also only going to established relationships so its not like there is some new grant/investment program from jpmorgan that is being handed out for startups, research and development, etc.
- kamaraju 1y agoThe way I understand it: JPM will invest $10 billion of their own money. They will “facilitate” the rest of the $1.49 trillion (loans, underwriting, advisor, financing etc.,) for its clients.