JPMorgan Chase (JPM) Detroit Investment Aims To Revitalize City Center And Make The Company A Buck

In 2013 JPMorgan Chase (NYSE:JPM) paid $20 billion in fines for various regulatory infractions and the next year it gave its CEO Jamie Dimon a raise. It was definitely not the bank's finest hour. Well, now Dimon's offered up his candidate for the bank's "finest moment" in the form of an announced plan to invest $100 million in Detroit over the next five years to rebuild the city as well as one of its own urban markets.