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As the oldest U.S. bank in France, we’ve been proud to serve French clients and communities for more than 150 years. We strive to apply our unique expertise, insights, and resources to help address some of the most pressing societal challenges. By helping underserved residents tap into the growing economic opportunities stemming from public and private investments, we can help create greater inclusive growth and opportunity in the region.
In 2018, marking the 150th anniversary of JPMorgan Chase in France, we announced a five-year $30 million USD philanthropic investment in the region, particularly focused in Seine-Saint-Denis. Five years later, we’re building on key learnings to expand our initial investment - announcing $70 million in new commitments to create economic opportunity across France, bringing our total commitment since 2018 to $100 million. We have found that through our support for and close collaboration with community partners, our commitment has helped people from underserved neighborhoods attain skills, work experience and employment in growing and resilient sectors; supported entrepreneurs to build financial resilience and accelerate their growth; and strengthened and scaled the local non-profit ecosystem—all of which can help create long-lasting impact.
Our Impact In Action
By the Numbers
150+
Years doing business
900
Employees
300+
Investment Bank Clients
$100M
Philanthropic commitment to invest in inclusive economic growth
31k+
Individuals supported through career readiness and technical skills programs
8k+
Micro-entrepreneurs supported to build financial resilience through digitalization support, access to capital, and advice to navigate the coronavirus crisis
900+
Small businesses supported
2.1k +
Jobs created and retained as a result of support provided to small businesses and entrepreneurs
140
Non-profit organizations supported in their growth and digital transitions
Data as of October 20231.
1.The metrics is this report are derived from a variety of public and private sources, including data that were self-reported by JPMorgan Chase grant recipients. JPMorgan Chase has not independently verified these data and makes no representation or warranty as to the quality, completeness, accuracy or fitness for a particular purpose. The metrics as reported are not directly tied to funds or other support provided by JPMorgan Chase but rather are a result of a variety of factors.
With our investments in Greater Paris, our goal is to become a catalyst for change and foster more collaboration between public, private and non-profit sectors.
Kyril Courboin, Head of France, J.P. Morgan
