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JPMorgan to invest up to $15b in US national security initiative

New York | JPMorgan Chase unveiled a plan on Monday (Tuesday AEDT) to hire bankers and invest up to $US10 billion ($15.3 billion) in US companies considered critical to national security and economic resilience, part of a broader $US1.5 trillion pledge.

The move is part of a 10-year initiative to facilitate, finance and invest in industries central to the growth of the US economy, including defence, energy and manufacturing.

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Reuters

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