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  • March 2018 (Revised March 2018)
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JPMorgan Chase: Invested in Detroit (A)

By: Joseph L. Bower and Michael Norris
  • Format:Print
  • | Language:English
  • | Pages:26
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Abstract

Beginning in 2014, JPMorgan Chase launched Invested in Detroit, a $100 million philanthropic investment in the city over five years. The bank worked with local economic development organizations, workforce development organizations, small businesses, philanthropies, and the city government to put in place a series of investments to help turn around the struggling city. In 2017, JPMorgan Chase's chairman and CEO, Jamie Dimon, is faced with the decision of whether or not to expand the program to other locations in the U.S.

Keywords

Local Economic Development; Workforce Development; Philanthropic Investment; Financial Institutions; Corporate Social Responsibility and Impact; Urban Development; Business and Community Relations; Banking Industry; United States; Michigan

Citation

Bower, Joseph L., and Michael Norris. "JPMorgan Chase: Invested in Detroit (A)." Harvard Business School Case 918-406, March 2018. (Revised March 2018.)
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About The Author

Joseph L. Bower

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Related Work

    • March 2018
    • Faculty Research

    JPMorgan Chase: Invested in Detroit (B)

    By: Joseph L. Bower and Michael Norris
    • March 2018 (Revised March 2018)
    • Faculty Research

    JPMorgan Chase: Invested in Detroit (A)

    By: Joseph L. Bower and Michael Norris
    • January 2019 (Revised August 2019)
    • Faculty Research

    JPMorgan Chase: Invested in Detroit (A), (B), and (C)

    By: Joseph L. Bower
Related Work
  • JPMorgan Chase: Invested in Detroit (B) By: Joseph L. Bower and Michael Norris
  • JPMorgan Chase: Invested in Detroit (A) By: Joseph L. Bower and Michael Norris
  • JPMorgan Chase: Invested in Detroit (A), (B), and (C) By: Joseph L. Bower
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