Connect with us


JPMorgan Chase announces latest efforts in its $30 billion commitment to address racial inequality – CNBC

Historically, banks have contributed to inequality through now-banned practices including redlining.



Article feature image

JPMorgan Chase on Tuesday announced its latest round of initiatives to support banks and credit unions that are primarily owned or directed by people of color, as well as banking institutions that work with underserved communities.
It’s part of JPMorgan’s $30 billion commitment to help address wealth inequality.
“These new initiatives are focused on strengthening minority-owned and diverse-led financial institutions by providing additional access to capital, connections to institutional investors,…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Jim Cramer on Apple, Beyond Meat, EVs, Zoom, Retail Earnings, Stock Market Tuesday – TheStreet
Article feature image
Dow Jones Turns Red As Stock Market Sells Off; Nio Dives On Earnings – Investor’s Business Daily
Article feature image
All peanut butter, all the time: Reese’s peanut butter cups without chocolate arriving in April – USA TODAY