JPMorgan commits $50 million to businesses, people affected by coronavirus
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NEW YORK (Reuters) - JPMorgan Chase & Co said on Wednesday that it committed $50 million (42.2 million pounds) to funds and community groups that are providing food, support and medical supplies for people in the United States, Europe and Asia affected by the coronavirus.The largest U.S. bank is initially giving $15 million to groups coping with the disease's impact on people, including donating $5 million to community development financial institutions in the United States that will provide..