JPMorgan commits $50 million to businesses, people affected by coronavirus

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JPMorgan commits $50 million to businesses, people affected by coronavirus
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JPMorgan Chase & Co said on Wednesday that it committed $50 million to funds and...

FILE PHOTO: A woman passes by a JPMorgan Chase bank in Times Square in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo

The unprecedented pandemic has affected hundreds of millions of people worldwide, as more than 200,000 people are confirmed to have the flu-like virus, 8,500 have died, and tens of millions more are either not working because their workplaces have closed or are working from home. In addition, the bank is giving $2 million to the United Nations and World Health Organization’s COVID-19 Solidarity Response Fund, and $1 million each to Feeding America’s response fund, GlobalGiving Foundation’s European response fund, and the China Foundation for Poverty Alleviation.

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