JPMorgan Chase has broadened its $1.5 trillion security and resilience plan to include European and UK firms, a move that widens the bank’s reach into sectors vital to national defence and infrastructure. Chief executive Jamie Dimon launched the initiative in October, urging a stronger America to safeguard global security. Now the bank will channel funds to the West’s critical industries.

Under the expanded scheme, JPMorgan will help raise up to the full $1.5 trillion, investing $10 billion of its own capital mainly in U.S. companies while opening doors for European firms to tap the same pool. Chuka Umunna, the bank’s global head of corporate governance and sustainable solutions, said the effort aligns with allies’ call for Europe to shoulder more of its own defence spending.

The move comes as the transatlantic alliance faces its toughest test since the 2010s, with recent conflicts exposing European defence gaps. JPMorgan’s plan, backed by an advisory council that includes Jeff Bezos and former U.S. Secretary of State Condoleezza Rice, signals financial backing for a more resilient supply chain. Investors now watch the bank’s execution to see if the capital flows meet the promised security targets.