JPMorgan Chase will invest a nine-figure sum in the 2028 Los Angeles Olympic Games as the first global banking partner in Olympic history. While the terms of the agreement were not disclosed, such partnerships are expected to be worth over $200 million per four-year cycle. John Slusher, CEO of U.S. Olympic and Paralympic Properties, called JPMorgan Chase "the biggest partner we could get." The partnership also includes the Olympic and Paralympic Games in the French Alps in 2030. JPMorgan Chase also announced last week plans to hire more than 100 additional commercial bankers in Southern California to coincide with its business expansion during the Los Angeles Olympics.