Wells Fargo is about to make a significant investment in its new chemical bank.

The bank announced the new initiative on Monday, and the bank has announced a $3 billion investment in the new bank to be called “The Chemical Bank,” according to the New York Times.

Wells Fargo has been experimenting with a number of different ways to help businesses improve their financial performance.

Its new investment in The Chemical Bank is expected to provide up to $2.5 billion in direct and indirect funding to small businesses.

“We’re excited to have The Chemical Banks to help us take care of our small businesses, help them invest and grow, and to ensure that they have access to a diversified investment platform that’s focused on delivering high-quality, value-added products and services,” the bank said in a statement.

Wells currently has a $7.2 billion cash position in its bank branches, according to CNBC.

The Chemical bank will have about 60 employees.

It will be run by Wells Fargo Capital Advisors, a private equity firm, and will be led by former Bank of America CEO David Tepper, CNBC reports.

The firm has also previously backed a number startups, including One Nation, which is a social media platform.

“One Nation’s founders were working in a similar way to what Wells Fargo was doing,” Tepper told CNBC.

“They are looking to do a better job of delivering value to their customers through their product.

One Nation’s mission is to help the small businesses that we serve grow and flourish.”

The bank also plans to partner with other companies to create a “small business incubator.”

“We believe we can help create a place for small businesses to grow and succeed by providing a platform that provides the right tools to help them grow and thrive,” the announcement reads.

Wells recently announced that it was planning to spend $400 million on new infrastructure at its headquarters, which it also plans on expanding to include additional offices and a research center.