JPMorgan and Banks Back Japan's $550 Billion US Investment Plan

JPMorgan and other US banks are set to help finance Japan's $550 billion investment plan in the United States, according to sources. The banks are also wrapping up loan backing for SoftBank's $5.4 billion robotics bet, with JPMorgan and Goldman Sachs expected to earn $100 million in fees on the record loan. Meanwhile, geopolitical tensions have softened performance at Centara's hotels in Dubai and Japan, and Chinese parts makers are aiming to break into Japan's close-knit auto industry.