Chase Doubles Commitment to Hire 1,000 New Business Bankers by 2025
02 Novembre 2023 - 3:23PM
Business Wire
Firm previously announced it would hire 500
bankers by 2024
Firm hosts inaugural “Make Your Move Summit”
for small business owners with Matthew McConaughey, Mark Cuban,
Sheryl Swoopes, Jay Shetty, Emma Grede and more
Chase today announced it intends to hire 1,000 new business
bankers in local markets across the United States by 2025 to
support small business owners as they continue to grow and scale
their business in their communities. This new commitment builds on
the firm’s original goal of hiring 500 new bankers through
2024.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231102969169/en/
Chase for Business Make Your Move Summit
(Photo: Business Wire)
According to Chase’s 2023 Mid-Year Business Leaders Outlook,
small business optimism remains high as more than two-thirds of
small businesses expect increased revenue and sales in the year
ahead, and 45% of small business owners say they’re “hitting the
accelerator” on growth.
“Small business owners continue to demonstrate tremendous
confidence in the future and we want to match that confidence by
investing in new ways to serve them,” said Ben Walter, CEO of Chase
for Business. “Over the past five years we have added nearly 700
small business bankers and nearly doubled the number of small
businesses we support. Our new expanded hiring commitment is
accelerating the great progress already made.”
The increased hiring commitment comes as the firm hosts its
inaugural “Make Your Move Summit,” a complimentary, three-day event
drawing thousands of small business owners to learn from industry
experts, thought leaders, and celebrities on how to start, run and
grow their business.
Featured guests include:
- Matthew McConaughey, Actor
- Mark Cuban, Dallas Mavericks owner and Shark Tank
star
- Jay Shetty, Best-Selling Author and Lifestyle Guru
- Bob Jordan, President and CEO of Southwest Airlines
- Emma Grede, Serial Entrepreneur and Co-Founder of SKIMS,
Good American and Safely
- Charlotte Jones, EVP and Chief Brand Officer for the
Dallas Cowboys
- Dustin Lynch, Country Music Star
- Sheryl Swoopes, Three-time WNBA MVP
- Emmitt Smith, Pro Football Hall of Fame Running Back,
Businessman and Entrepreneur
The event will also feature special breakout sessions
including:
- Perfect Your Pitch: Master the art of communicating the unique
essence of your business
- Open New Doors: Ways to become a certified diverse
supplier
- Sweet Succession: Plan for a smooth and profitable business
exit
- The State of AI: Harness the latest technologies to fuel
greater business growth
“There is no better place to start and grow a business than in
Texas, thanks to our exceptional business climate fostered by
innovative entrepreneurs and strong economic partnerships,” said
Governor Greg Abbott. “When partners like JPMorgan Chase invest in
and support our local businesses, we can continue to help Texans
realize their dreams of economic prosperity and a brighter future
for themselves, their families, and their communities.”
The hiring and marquee event represents a number of investments
JPMorgan Chase has made to support the small business community.
The firm does this by connecting owners and entrepreneurs to a
range of capital options, expert connections and consulting as well
as customer networks, including:
Capital
Expanding access to credit: The firm continues to invest
in expanding access to business credit for all customers including
businesses in historically underserved areas and through products,
programming and coaching at every stage of growth.
- Special Purpose Credit Program: Since 2022, the firm has
launched and expanded Special Purpose Credit Programs, adopted
pursuant to the requirements of federal law, to help expand access
to small business credit in majority Black, Hispanic and Latino
communities. The programs are available in all lower 48 states and
have helped an additional 10k+ small businesses responsibly access
credit or access it on more favorable terms.
- Supporting Community-Based Organizations: Since 2021,
Chase has committed $253.7 million in philanthropic capital,
including grants, loans, and equity, to community-focused
organizations dedicated to serving small businesses, as well as
$4.4 million in philanthropic capital to benefit the Texas small
business community. This includes organizations like Impact
Ventures, a Dallas-area startup accelerator and integrated capital
fund serving Black, Hispanic and Latino entrepreneurs.
Connections
Providing Mentorship and Advice: The firm is focused on
making connections to expertise and guidance that can help
businesses overcome obstacles. The firm has expanded its free
one-on-one coaching program to 51 trained senior business
consultants in 21 U.S. cities to provide mentoring and advice to
business owners in Hispanic, Latino and Black communities on
everything from boosting creditworthiness to managing cash flow to
effective marketing. Since launching its mentorship program in
2020, the firm has mentored more than 4,600 business owners,
working with them hand-in-hand at every businesses stage.
Customers
Promoting access to new customers and networks: The firm
is focused on promoting access for JPMorgan Chase's 6 million small
business clients to new customers and networks which will help them
thrive and generate sustained growth. Specifically this means
supporting the development and utilization of its network of
suppliers. This includes building deeper relationships with local
companies across key cities, including Dallas, allowing these small
businesses to be connected to the firm’s regional network and
resources.
The inaugural Make Your Move Summit is currently taking place
outside of Dallas, Texas, an area booming with small business
growth. There are 17,500 Chase employees in the metro Dallas area
serving 234,000 small businesses in North Texas and 674,000
statewide.
See here for more information on the Make Your Move Summit. For
more information about the tools and resources Chase for Business
has available for Dallas-area business leaders, visit
www.chase.com/business.
About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global
financial services firm with assets of $3.2 trillion and operations
worldwide. The Firm is a leader in investment banking, financial
services for consumers and small businesses, commercial banking,
financial transaction processing, and asset management. A component
of the Dow Jones Industrial Average, JPMorgan Chase & Co.
serves millions of customers in the United States and many of the
world’s most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about
JPMorgan Chase & Co. is available at www.jpmorganchase.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231102969169/en/
Media contact: Devi Kinkhabwala, Devi.Kinkhabwala@chase.com.
JP Morgan Chase (NYSE:JPM)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
JP Morgan Chase (NYSE:JPM)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024