JPMorgan's Jamie Dimon plans small business lending, hiring push to shore up American Dream

JPMorgan Chase (JPM) said on Tuesday it plans to lend $80 billion to US small businesses over the next decade and add 1,000 bankers as part of a wider multiyear push to go after more Main Street customers. JPMorgan CEO Jamie Dimon said the wider plan is part aimed at “reigniting the American Dream” by pushing for “smart local investments and policies.” Along with extending financing, the bank's “American Dream Initiative” also expands JPMorgan's training and advisory programs for existing customers, sm ...