Tag Archives: $100 million

JPMorgan Chase offer $100 million to Detroit

Who doesn’t love it when a plan starts to come together? Detroit’s economic recovery may not be a wish upon a star anymore, especially if private businesses and charity groups continue to come together to support the ailing city. Reuters reports there is a new player in the game- JPMorgan Chase and Co. According to recent reports issued yesterday, the mega bank has agreed to provide the city with $100 million over five years to stimulate economic growth and development.

JPMorgan Chase Tower (Dallas)

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