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Wells Fargo (WFC) has set itself an ambitious target as it seeks to raise its profile among small-business customers.
May 1
JPMorgan Chase (JPM) announced Wednesday that it is joining with the Small Business Administration to serve as the presenting sponsor of the SBA's
This year's event will run from May 12 through May 16. Festivities will kick off at Twitter headquarters in San Francisco and culminate in Washington, D.C., with a speech by Federal Reserve Chair Janet Yellen.
As part of its sponsorship, JPMorgan Chase plans to host seminars and workshops in cities across the country and will offer business tips on its website.
Other large banks are also tying various initiatives into Small Business Week.
Wells Fargo (WFC) announced last week that it will provide $100 billion in new small business loans over the next five years a goal that would significantly expand the bank's lending in the sector. Last year, the bank provided $18.9 billion in new small business loans.
Citigroup (NYSE: C) and Bank of America (BAC) plan to release their regular surveys of small businesses in conjunction with the weeklong celebration. Citi will release its Small Business Pulse Survey on Thursday. Bank of America will release its biannual Small Business Owner Report on May 13.
