JPMorgan launches $1.5trn initiative to boost critical industries including minerals
JPMorgan Chase has unveiled a major Security and Resiliency Initiative, pledging up to $1.5trn over the next decade to facilitate, finance and invest in industries considered critical to national economic security. The initiative aims to address urgent requirements in important sectors, from critical minerals to “frontier” technologies, and fortify US supply chains that have been exposed by geopolitical risks and over-reliance on foreign sources. The investment bank had already planned to facilitate and ...