JPMorgan And Bank Of America Will Match $1,000 Trump Account Deposits For Employees

ToplineJPMorgan will match the government’s initial $1,000 deposit in Trump accounts for newborn children for eligible employees in the U.S., the bank said Wednesday—as Bank of America also told employees it would offer to match deposits, according to a memo.The banks follow similar pledges from other companies including BlackRock and BNY.AFP via Getty ImagesKey FactsIn a statement, JPMorgan chairman and CEO Jamie Dimon said the contributions would be part of their “long-term commitment” to their 190,000 em ...