JPMorgan Chase reports first $5 billion in defense investments

According to CNBC, JPMorgan Chase has deployed $5 billion off its balance sheet into defense tech, hardware and supply chains, including robot factories and hypersonic missiles. Only one item was collected, so no further coverage or confirmation is available.

Timeline

1. 19 Oct, 10:00 UTCCNBC reports JPMorgan's $5B defense investments

Top sources

• Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investmentsCNBC