JPMorgan Chase made the biggest racial-equity commitment of any US company in the aftermath of George Floyd's murder in May of 2020, promising to spend $30bn over five years to close the wealth gap for communities of colour. The bank now says it has made substantial progress — while some critics say it hasn't gone far enough.

By the end of 2021, the bank (JPM) had deployed or committed more than $18bn of that sum, focusing on increasing homeownership, expanding affordable rental housing, supporting minority-owned small businesses, diversifying its supply chain and creating more opportunities for its employees of colour, as chief executive Jamie Dimon outlined in his annual letter to shareholders earlier this year.