JPMorgan Chase Makes $30 Billion Commitment To Help Close America’s Racial Wealth Gap

Source: CNBC »

JPMorgan Chase is making a $30 billion commitment it says will help address U.S. wealth inequality, especially in traditionally underserved Black and Latino communities.

The bank’s pledge is a combination of loans, investments and philanthropy over five years that it says goes beyond what it would do in the normal course of business. The goal, according to the firm’s press…

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