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J.P. Morgan has been serving clients and the local communities in Greater Paris for 150 years. We are proud to be a part of the city’s vibrant economy and recognize that with 1.5 million Greater Paris residents living in neighborhoods with significant levels of poverty, unemployment and homelessness, we must do our part in helping people share in the rewards of the city’s growing economy.
To expand access to opportunity for residents and entrepreneurs in Seine-Saint-Denis, and other communities struggling with poverty and unemployment, J.P. Morgan is investing $30 million over five years in Greater Paris as part of AdvancingCities. We are applying our insights from our work in U.S. cities and are collaborating with local nonprofit, government and business leaders to support small business growth and local workforce development initiatives.
With our investments in Paris, our goal is to become a catalyst for change and a model for what other corporations could do.
Kyril Courboin, Head of France, J.P. Morgan
