Overview
- JPMorgan Chase announced the European expansion of its 10-year, $1.5 trillion Security and Resiliency Initiative to finance industries tied to economic and national security and to reduce exposure to brittle supply lines.
- EMEA chiefs Conor Hillery and Matthieu Wiltz will oversee the rollout alongside SRI head Jay Horine, with senior bankers Chuka Umunna and Daniel Rudnicki Schlumberger leading client engagement in the U.K. and continental Europe.
- The bank will target five areas: supply chains and advanced manufacturing, defense and aerospace, energy independence and resilience, frontier and strategic technologies such as AI and cybersecurity, and pharma and healthtech.
- JPMorgan Chase said it intends to add Admiral Sir Tony Radakin, the former U.K. Chief of the Defence Staff, to its SRI External Advisory Council, pending regulatory approval.
- Executives said the effort will prioritize work in the U.K., France, Germany, Poland and Italy, and they plan to lean in on financing for SRI‑aligned firms, including taking on smaller deals to help build local capacity.