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

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
People and Markets
Bank Strategy

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 EconomyJP MorganSSAAmericasSupras and agenciesBank StrategyPeople and MarketsTop StoriesNews contentEM People and MarketsSSA People and MarketsUnited StatesEmerging MarketsNorth AmericaSRI
JC
Jasper Cox
LM
Lewis McLellan
PT
Phil Thornton
Gift this article