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Benzinga
Benzinga
Business
Lekha Gupta

How JP Morgan Wants To Fix America's Supply Chain Problem

Jpmorgan,Chase,Logo,In,Front,Of,Company,Ceo,Jamie,Dimon.

JP Morgan Chase & Co. (NYSE:JPM) shares are trading higher on Monday. The company introduced a $1.5 trillion 10-year Security and Resiliency Initiative.

Under this program, the bank will make direct equity and venture capital investments of up to $10 billion to help select U.S. companies expand, innovate, and accelerate their strategic manufacturing.

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