JP Morgan

Reed Heads CIT Bank’s Campaign to Empower Minority Communities

Byron Reed, right, with Byron Mobley and Phillip Wilson at the 25th Economic Awards Dinner sponsored by the Greater Los Angeles African American Chamber of Commerce. (GLAAACC photo) CIT Bank aims to empower communities throughout greater Los Angeles and Byron K. Reed is leading the effort. As senior vice president and head of Community Development at CIT, Reed brings 35+ years of banking experience and a proven track record of assisting underserved neighborhoods with improving their surroundings. Previously, he served in similar positions at Wells Fargo, Bank of America and JP Morgan. At CIT, his responsibilities focus on affordable housing, economic development, workforce

JP Morgan Chase CEO Talks Economic Challenges, Small Business Support at YWCA

Jamie Dimon, chairman and CEO of JPMorgan Chase, visited the YWCA of Greater Los Angeles recently to talk with area small business owners about some of the economic challenges facing the nation and what corporations like JPMorgan Chase are doing to support small businesses. More than 100 small business owners, primarily African American, were in attendance. Dimon later spoke at a town hall at the Forum in front of 1,000 employees, many of whom volunteered to stuff school supplies into more than 2,000 backpacks for children in Inglewood and other area neighborhoods. The backpacks were donated to the Brotherhood Crusade