JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom

May 14, 2024

The firm expands its skills-based hiring for entry-level technology and operation jobs in cities across the U.K., including Glasgow, where it recently opened a new state-of-the-art technology centre

Plans to kick start a new programme to help fintechs create financial management tools to support individuals and entrepreneurs

Builds on lessons learned from the firm’s investment history in the U.K. and other communities around the world

May 14, 2024 (London) – Today JPMorgan Chase expanded its commitment to the United Kingdom by announcing £40 million in new investments over five years to help connect young people and underserved communities to economic opportunities – bringing the firm’s total commitment since 2019 to £90 million. Building on learnings from the firm’s 200 year history of doing business in the U.K., JPMorgan Chase is increasing its support in two focus areas: financial health and careers and skills.

With its expanding business presence and growing employee base, the firm is a major employer in cities including London, Bournemouth, Glasgow, Edinburgh and more recently a presence in Manchester, Leeds and Bristol. As the firm continues to grow across the country, it aims to further identify new opportunities for investment in local communities.

Over the last five years, the firm’s philanthropic investments have made an impact in supporting underserved communities. At the same time, its business continues to support companies of all sizes, invests in essential sectors and services and supports consumers’ banking needs. To support the U.K.’s increased policy focus on sustainable economic growth, JPMorgan Chase is expanding its philanthropic and business investments by applying its unique expertise, insight and resources across the firm to help further drive inclusive economic development. 

More Information , source : https://www.jpmorganchase.com/news-stories/jp-morgan-chase-driving-economic-growth-in-the-uk

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