JP Morgan announces new division to fund at least $100 billion in emerging market projects
Jamie Dimon, Chairman and CEO of JP Morgan Chase.
Adam Jeffery | CNBC
J.P. Morgan Chase announced the creation of a new business called the Development Finance Institution to boost private investment in emerging-market development projects.
The lender said it can finance more than $100 billion annually from its investment bank and created a formal methodology to define projects that fit…
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