- Associated Press - Monday, March 24, 2014

NEW CASTLE, Del. (AP) - Banking giant JPMorgan Chase is asking Delaware officials for $1.5 million in taxpayer money to help pay for costs associated with a planned expansion of its workforce.

The Council on Development Finance was scheduled to consider the request at a meeting Monday in New Castle.

JPMorgan Chase asking for a strategic fund capital expenditure grant of up to $1.5 million.

Markell administration officials say the money would be used to support the creation of up to 500 new jobs.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide