JPMorgan Chase head Jamie Dimon could be trying to become President Obama's favorite "fat cat."
Not only did Dimon make it to the White House meeting this morning, but he laid out plans to continue to support small businesses with increased lending and will do so by offering more jobs. To help out with its increased lending, the bank is looking to hire 325 more small-business bankers in the U.S., adding to it 1,900 bankers already working in the segment.
Last month, the bank announced plans to increase lending to small businesses by up to $4 billion in 2010. Expected new lending is anticipated to jump to about $10 billion next year.