JP Morgan barges into development finance, aiming to do $100bn a year

Jasper Cox,

Lewis McLellan, Phil Thornton

January 23, 2020 08:30 pm

JPMorgan_PA_575x375_23Jan2020 — The European headquarters of JP Morgan bank in London's Canary Wharf after a man died falling from the building. | Yui Mok/PA Archive/PA Images

JP Morgan has created a Development Finance Institution (DFI), which will see its investment bank originate and distribute assets scored on their developmental impact. But specialists have questioned the bank’s ambitions and raised concerns about how this unit will operate.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

The Sustainable Economy JP Morgan SSA Americas Supras and agencies Bank Strategy People and Markets Top Stories News content EM People and Markets SSA People and Markets United States Emerging Markets North America SRI

JC

Jasper Cox

LM

Lewis McLellan

PT

Phil Thornton