On Friday (January 12), JPMorgan Chase (JPMorgan Chase & Co) announced its financial results for the fourth quarter of 2023, with Q4 revenue of 385700 million US dollars, net profit of 93US$0.7 billion, with a full-year profit of US$49.6 billion, an increase of 32% from 2022 and a record high, continued to consolidate its position as the largest bank in the United States.
JPM is also the custodian bank for the funds used in the Bateman EB5 project.
Source: jpmorgan
In contrast, the other Wall Street commercial banking giants are not doing well. Bank of America (BAC), the nation's second-largest bank, saw its Q4 net profit plunge 56% to 31$400 million; Citigroup (C. Brown)US) lost about $1.8 billion in Q4 and said the group would lay off up to 20,000 employees to save $2.5 billion in costs.
Source: citigroup
The EB5 project itself is a risky investment, and there is no doubt about the need to supervise the bank, especially after the I-526 rejection, to achieve the purpose of refund, which is a certain guarantee for EB5 investors.
It is believed that this most powerful and safe banking group will provide professional and effective investment supervision for Bateman's customers, and maximize the protection of Bateman's investors' capital safety and green card security.
Professional guarding, mobile accessibility"It is not only our wish, but also the goal that every Bateman person strives for and pays.
Source: Bloomberg