JPMorgan Chase will extend its commitment to invest in critical industries to companies in Europe and the UK, six months after chief executive Jamie Dimon launched the initiative to bolster US national security.
The so-called security and resilience initiative is a 10-year plan to funnel $1.5tn in funds to sectors deemed essential to national security, including defence, energy, infrastructure, pharmaceuticals, quantum computing and AI.
Dimon said at the launch in the US in October that the world needed a “very, very strong” America “to secure global security”.
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