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JP Morgan Chase opens new LA branch despite city's crime surge
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At a time when retailers are leaving California and closing up shop due to the crime surge, JP Morgan Chase is doing the opposite. The proof lies within their newest flagship location in downtown Los Angeles.
FOX Business reported on Wednesday that the California Retailers Association (CRA) is seeking additional funding for the state's task force to work alongside local law enforcement to assure protection for businesses.
JPMORGAN CHASE & CO.
Of the three CRA tasks forces in the state, the Southern Division leads the greater Los Angeles area, where the nation's biggest bank called on Klutch Sports Group CEO Rich Paul to speak at its latest ribbon cutting, along with other JP Morgan Chase personnel.
"We support investing in downtown Los Angeles through branches like this one and in other city centers," says a Chase spokesperson.