JPMorganChase Launches $1.5T Security and Resiliency Initiative

(jpmorganchase.com)

15 points | by kamaraju 21 hours ago

1 comments

  • killingtime74 16 hours ago
    Sounds like marketing. How much is new money and how much is reclassifying things. Also it's probably customer money, not their own.
    • kamaraju 3 hours ago
      The 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.

    • mnky9800n 4 hours ago
      its 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.