JPM: JP Morgan Chase: Global Cities Initiative to Host 2013 Forums in
Atlanta, Houston, Dallas, Denver and Mexico City
UK Regulatory Announcement
Forums connect business, civic, and government leaders to drive opportunities
for job creation and economic growth
The Global Cities Initiative today announced its 2013 schedule of forums,
bringing business, civic and government leaders together to explore how their
metropolitan areas can better compete in the global economy. In its second
year, Global Cities will continue to equip these leaders with information and
policy ideas, catalyze action, and build an international network of
metropolitan leaders whose regions ultimately trade, invest, and grow
Atlanta (Mar. 19-20) Denver (June 25-26)
Houston (May 14-15) México City (Nov. 11-15)
Dallas (May 16)
Global Cities is a five-year project that combines JPMorgan Chase's
longstanding commitment to investing in cities with Brookings' deep expertise
in metro-focused research. The research and discussion forums aim to give
business, civic and government leaders from the 100 largest U.S. metropolitan
areas and select international metropolitan areas the data, policy ideas, and
global connections they need to help their communities thrive in the global
"Vibrant, global cities don't just appear on their own. It takes strategy,
collaboration, data and insight," said Richard M. Daley, chair of the Global
Cities Initiative and former mayor of Chicago. "Of course, it also takes
leadership.That's what the Global Cities forums are all about.We are getting
the right people around the table to explore opportunities and actions to
drive local and regional economic growth and help cities better compete in the
"In the 21st century, cities and metropolitan areas will be the engines of
national economies and the hubs of global trade," said Bruce Katz, director of
the Global Cities Initiative, vice president and founding director of the
Brookings Metropolitan Policy Program. "The inevitable result: national trade
policies will become increasingly locally focused and local economic
development will increasingly drive national policies and engage global
In 2013, Brookings will deliver new research focused on the distinctive
trading- and investment-oriented strengths of these metropolitan areas.
"We're excited to be taking Global Cities to these five great metropolitan
areas," said Peter Scher, Executive Vice President and Head of Corporate
Responsibility at JPMorgan Chase. "We look for cities with unique civic
assets, forward thinking leaders, and a collaborative business environment.
Our 2013 cities have those attributes in common."
JPMorgan Chase employs more than 35,000 people in the states of Georgia, Texas
and Colorado, and more than 250 people in Mexico.
About Global Cities
JPMorgan Chase made a $10 million, five-year commitment to the Brookings
Institution in 2011, and during its first year, the organizations held forums
and roundtables in Los Angeles; San Diego; Columbus, OH; Miami, FL; Tampa Bay,
FL and Singapore. A forum in São Paúlo, Brazil is scheduled for November
27-30. In its first year, the Initiative:
*Inspired three regions to develop Metropolitan Export Plans: San Diego,
Columbus, Tampa. Led by the mayors and business leaders that participated
in the Global Cities events, these partnerships include local governments,
chambers of commerce, colleges and universities, ports and airports, state
and federal agencies, and other economic development groups.
*Advanced a new focus for the global economic agenda in Los Angeles. Global
Cities discussions helped lead to new funding commitments for the LA
Regional Export Council (LARExC), a public-private collaboration to
coordinate, focus, and streamline delivery of export services in the
region. In addition, the business schools at the University of Southern
California and the University of California, Los Angeles announced a new
program that is matching MBA research teams with small and mid-sized
businesses to help increase their export opportunities.
*Motivated new efforts to resolve national goods movement challenges. A
group of elected, business, and transportation leaders spanning Miami to
Los Angeles is forming to focus on advocating for policies that enable
better infrastructure investment decisions and funding tools to support
more efficient movement of goods.
*Initiated a national network of regional leaders collaborating on growth
through global trade and investment. Linked by the Global Cities
experience, mayors, business executives, university presidents, and others
are sharing ideas to support global trade and investment. In November,
delegations from current and future Global Cities metros are traveling to
Brazil to exchange policy ideas and establish economic connections with
their counterparts from São Paúlo.
About the Metropolitan Policy Program at Brookings
The Metropolitan Policy Program at Brookings provides decision-makers with
cutting-edge research and policy ideas for improving the health and prosperity
of metropolitan areas, including their component cities, suburbs, and rural
areas. To learn more, please visit: www.brookings.edu/metro. Follow us on
Twitter at www.twitter.com/brookingsmetro
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm
with assets of $2.3 trillion and operations worldwide. The firm is a leader in
investment banking, financial services for consumers and small businesses,
commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients under
its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
JPMorgan Chase & Co.
Jennifer Kim, 212-622-7068
JPMorgan Chase & Co.
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