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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com
Launched in 2007, J.P. Morgan’s Social Finance business provides thought leadership, capital, and client services to the market for impact investments, which seek to generate positive impact alongside financial return. We see this as an opportunity to help our clients consider how best to leverage investment capital to generate positive social and environmental impact.
JPMorgan Chase strives to be a catalyst for meaningful, positive and sustainable change in our highest-need neighborhoods and communities across the globe. We donated more than $200 million to nonprofit organizations across 28 U.S. domestic markets and more than 25 countries in 2011. We also strongly believe in harnessing the power of our 260,000 employees and their engagement in community and philanthropy. The firm's philanthropic investments are directed toward three centers of excellence: economic opportunity, academic achievement, and arts and culture.
Through a $10 million gift to the Brookings Institution, JPMorgan Chase helped launch the Global Cities Initiative, aimed at helping cities and metropolitan areas adapt to globalization by learning more about their true position in the global economy and engaging new metropolitan trading partners in other nations. The Global Cities Initiative seeks to create an international network of leaders from global cities that naturally trade and grow together.
The initiative brings together JPMorgan Chase’s longstanding commitment to investing in cities and Brookings’ deep expertise in metro-focused research to equip civic and business leaders from metropolitan areas in the U.S. and around the world with the data, policy ideas and global connections they need to better compete in the global economy.