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Dear Bank CEO, You Are Cordially Invited to Defund This Pipeline

July 1, 2021, 9:00 AM

Even by the standards of the chief executive of America’s biggest bank, March 31 looked like it was going to be a very busy day.

Jamie Dimon’s office calendar was chock-full of invitations for that overcast New York Wednesday, with more than 1,000 unsolicited meetings all scheduled to cover the same topic: JPMorgan Chase & Co.’s role in financing an oil pipeline running through Minnesota.

The invites had been rolling in since mid-February, with titles such as “Don’t Fund Climate Disaster” and “Drop Line 3,” a reference to the name of the pipeline being funded in part by ...