JPMorgan Chase announced the American Dream Initiative, a multi-year effort to expand economic opportunity for Americans through targeted investments in local communities across the U.S. The centerpiece of the initiative is a commitment to provide nearly $80 billion in lending to small businesses over the next 10 years, delivered both through direct loans to customers and through community and mission-driven lending partners such as Community Development Financial Institutions and mission-driven lenders. T ...

JPMorgan Chase has launched a program aimed at boosting economic opportunity around the U.S.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The “American Dream Initiative” will focus on six areas, with an early emp ...

JP Morgan Chase & Co. (NYSE:JPM) shares are up during Tuesday’s premarket session.On Tuesday, the company launched the “American Dream Initiative,” a program aimed at expanding economic opportunities across local communities in the U.S.DetailsThis initiative will support 10 million small businesses, up from seven million currently served, as the company seeks to drive community growth through targeted investments and local solutions, which may be contributing to the positive momentum in the stock price.The ...

JPMorgan announces "American Dream Initiative†meant to boost economic growth, small businesses and homeownership. ...

JPMorgan to increase small-business lending, hire more credit officers | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo Purchase Licensing Rights, opens new tab NEW YORK, March 31 (Reuters) - JPMorgan Chase (JPM.N), opens new tabis planning a significant increase in loans to small businesses in coming years as part of ...

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 multiyear push to go after more Main Street customers. The strategy is part of a wider plan that JPMorgan CEO Jamie Dimon said is 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 existi ...