The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.
JPMorgan Chase created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street firms to examine how they treat their youngest employees.
The move shows how JPMorgan, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street. In May, Bank of America's Leo Lukenas III died after reportedly working 100-hour weeks on a bank merger.
"A lot of investment bankers, they've been traveling all week, they come home and they give you four assignments, and you've got to work all weekend," Dimon said."It's just not right."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall-to-Wall Colorful Carpet Is Officially BackAfter years of neutrals, interiors are suddenly awash in bold hues. Wall-to-wall carpet is official back in colors like cherry red, moss green, and cobalt blue.
Read more »
Here are Friday's biggest analyst calls: Nvidia, Netflix, Tesla, Kroger, Arm, Oracle, Eli Lilly, PNC, GE Vernova & moreHere are Friday's biggest calls on Wall Street.
Read more »
Wall Street climbs closer to its record high as economic data yield no surprisesU.S. stocks rose closer to their all-time highs after a couple of reports on the economy that came in close to expectations.
Read more »
Adobe stock slips on soft fourth-quarter revenue guidanceAdobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.
Read more »
Asian markets trade mixed after Wall Street climbs closer to its record highAsian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to expectations.
Read more »
Asian markets trade mixed after Wall Street climbs closer to its record highAsian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to expectations. The Japanese yen strengthened early Friday against the greenback. U.S. futures were little changed and oil prices rose. The S&P 500 climbed 0.7% on Thursday and pulled back within 1.3% of its record set in July.
Read more »