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Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder. One group wants JPMorgan to revisit how compensation is tied to the company's racial-equity goal.
JPMorgan's DEI approach mimics that of any other line of business, requiring that its leads are fanatic about the details, facts, and analysis, Dimon said, stressing a point I’ve made ad ...
The CEOs of JPMorgan Chase and Goldman Sachs said last month they will focus on efforts to promote DEI even as those banks are emerging as targets of activist groups pushing them to trim these ...
In 2023, Paxton launched a probe into major U.S. banks, including Wells Fargo, Bank of America, JPMorgan Chase and Morgan Stanley, participating in the Net-Zero Banking Alliance, a coalition of ...
DEI policy emerged from Affirmative action in the United States. [19] The legal term "affirmative action" was first used in "Executive Order No. 10925", [20] signed by President John F. Kennedy on 6 March 1961, which included a provision that government contractors "take affirmative action to ensure that applicants are employed, and employees are treated [fairly] during employment, without ...
Anti-DEI efforts will most likely only ramp up in 2025. Diversity, equity and inclusion programs at some of the country’s biggest companies fell apart in 2024. ... CEOs like JPMorgan Chase Bank ...
When JPMorgan Chase merged with Bank One in July 2004, Dimon became president and chief operating officer of the combined company. On December 31, 2005, he was named CEO of JPMorgan Chase, and on December 31, 2006, he was named chairman and president. [21] In March 2008, he was a Class A board member of the Federal Reserve Bank of New York ...
JPMorgan and Costco say DEI efforts help drive innovation and success, though other companies like Meta and Walmart are scaling back policies. The companies fighting back against Trump's war on ...