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The partnership covers the LA 2028 and French Alps 2030 Games and is estimated to be worth more than $200 million per four-year cycle

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JPMorganChase joined the International Olympic Committee's Worldwide Olympic Partner program as the first bank to hold that designation in Olympic history, the two organizations announced. The partnership covers the Los Angeles 2028 Olympic and Paralympic Games and the French Alps 2030 Olympic and Paralympic Winter Games.

The firm will hold the Worldwide Olympic Partner designation in the Asset and Wealth Management and Private Banking, Commercial and Investment Banking category. In the U.S., JPMorganChase will also serve as a Founding Partner of the LA28 Games in the Retail Banking category and as the Official Bank of Team USA and LA28, the company said.