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International Business Times
International Business Times
Business

Jamie Dimon Announces $1.5 Trillion JPMorgan Program to Reinforce America's Economic Security

JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.

JPMorgan Chase CEO Jamie Dimon has announced a bold $1.5 trillion plan to support America's national and economic security.

The new 10-year program, called the "Security and Resiliency Initiative," will focus on four critical industries: manufacturing, energy, defense, and advanced technology.

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