JPMorgan Chase

JP Morgan was named as one of Wall Street underwriters for Israel's landmark $6 billion bond offering in January 2026, the first since the Gaza ceasefire.

JP Morgan serves as global custodian for major Australian superannuation funds including HESTA and Hostplus, generating custodian fees from funds with indirect Israeli military exposure.

Palestine Action attacked JP Morgan's London office at Victoria Embankment in May 2025, citing the bank's $22 million Elbit shareholding despite a 53% reduction.

Palestine Action attacked JP Morgan's Victoria Embankment office, demanding full divestment from Elbit Systems, in which the bank holds shares worth over $22 million.

Deutsche Bank is listed alongside Goldman Sachs, Bank of America, BNP Paribas, Citi, Barclays, and JPMorgan as an underwriter of Israeli 'war bonds' since October 7, 2023.

PAX for Peace documented how Goldman Sachs, JPMorgan Chase, Barclays, BNP Paribas, Citigroup and Bank of America are investing in Israel's war chest through participation in the sovereign war bond underwriting programme initiated after October 2023.

JP Morgan ranked 6th in a top-100 list of international banks financing arms companies with exports linked to Gaza, based on loans, bond underwriting, and share ownership data.

SEC filings show JPMorganChase held up to $54 million in Elbit Systems shares by Dec 2023, dropped 70% in Q1 2024, then rebounded to $26 million by Q2 2024.

JPMorgan Chase published Israel-specific economic forecasts during the Gaza war, monitoring bond market risks while simultaneously providing underwriting services to the Israeli state.

JP Morgan Chase was invited by the Business & Human Rights Resource Centre in July 2024 to respond to UN expert calls to cease arms transfers to Israel; the company did not respond.

Palestine Action targeted JP Morgan offices in Leeds, Italy, Portugal, Manchester, and Edinburgh over the bank's shareholding in Elbit Systems during the Gaza war.

Palestine Action Scotland targeted JP Morgan's Edinburgh offices, shattering windows and spraying red paint over its significant shareholding in Elbit Systems.

Palestine Action defaced JP Morgan offices as part of a coordinated day of direct actions targeting the bank's Elbit Systems shareholding, valued at approximately $16 million at the time.

JP Morgan expanded its Israel tech center post-October 7, with CEO Jamie Dimon's memo affirming support for Israel while the center works on the Athena risk and trading platform.

JP Morgan analysts projected Israel would issue bonds worth $22 billion in 2024 to fund war costs, while the bank assessed domestic investors could absorb the surge in supply.

JP Morgan economists issued an 11-page financial review of Israel's wartime fiscal position, analyzing government bond risks while the bank maintained active Israeli market exposure.

JP Morgan launched a new Innovation Economy banking division in Israel, targeting late-stage high-tech companies with capital raising, liquidity, and payment services.