JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase unveiled a plan on Monday to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience, part of a broader $1.5 trillion pledge. The move is part of a 10-year initiative to facilitate, finance and invest in industries central to the growth of the U.S. economy, including defense, energy and manufacturing. Shares of the largest U.S. bank rose 1.4% before the bell. JPMorgan said it will deplo ...