""If you think you're the right person, just give us a call," CEO Jamie Dimon said in a Monday morning call with reporters, issuing an open invitation for interested parties. He said the bank intends to hire a "top-notch investment team" to deploy the $10 billion in capital the firm has pledged for equity and venture-style investments in companies it thinks can give America an edge over its rivals."
"The plan, dubbed the Security and Resiliency Initiative, is designed to bolster American security, innovation, and infrastructure with dollars from the private sector as opposed to government agencies. To see it through, the firm says it will prioritize hiring specialists in four sectors: defense and aerospace, frontier technologies such as artificial intelligence and quantum computing, energy independence, and advanced manufacturing and supply chains."
"Dimon said that Mary Erdoes, CEO of asset and wealth management, and Doug Petno, co-CEO of the commercial and investment bank, will spearhead the hiring push without disclosing specific headcount targets. "Some may come from inside. Some may be hired outside. But they're going to be your top bankers - working not just with the best companies in the world, but with governments around the world," Dimon said."
JPMorgan launched the Security and Resiliency Initiative, a $1.5 trillion plan to bolster American security, innovation, and infrastructure through private-sector investment. The firm pledged $10 billion for equity and venture-style investments to back companies that can strengthen US competitiveness. Hiring will prioritize specialists in defense and aerospace, frontier technologies including artificial intelligence and quantum computing, energy independence, and advanced manufacturing and supply chains. Mary Erdoes and Doug Petno will lead the hiring effort, recruiting top investment bankers from inside and outside the firm. The initiative aims to work with leading companies and governments globally and could influence Wall Street recruiting dynamics.
#security-and-resiliency-initiative #hiring-and-recruitment #defense-and-aerospace #ai-energy-advanced-manufacturing
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]