Japanese investment drive in US brings in Citi and JPMorgan

American lenders help secure funding for second round of power projects Citigroup and JPMorgan Chase will extend initial loans, along with JBIC, for power stations, with project costs potentially reaching $74 billion. (Nikkei montage/Source photos by Reuters and AP) TOKYO — Citigroup and JPMorgan Chase will participate in financing the $550 billion investment package agreed upon by the Japanese and U.S. governments, helping to secure the capital needed for the program agreed by the two governments, Nikkei learned Saturday.

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