Backlash: JPMorgan CEO Jamie Dimon defends return-to-office mandate
#JPMorgan #RemoteWorkJPMorgan CEO Jamie Dimon faces pushback from 'people in the middle' over his return to office policy, claiming remote work 'doesn't work in our business.' Dimon believes younger employees are being left behind without in-person interactions, emphasizing the importance of office culture and communication. read more
JPMorgan Plans Huge Gold Delivery in Response to Trump's Tariffs
#JPMorgan #TrumpTariffsJPMorgan plans a $4bn gold bullion delivery amid concerns over Trump's tariffs reshaping global trade. The surge in gold price and fears of inflation coincide with plans for new tariffs on imports from Mexico, Canada, China, and Europe. read more
JPMorgan Chase Files Lawsuits Over ATM Glitch Exploitation Scam
#JPMorgan #bankfraudJPMorgan filed lawsuits against users who exploited a TikTok ATM glitch, stealing $660,000. The bank warned of fraud, demanding repayment. The trend involved fake cheques, undisclosed in lawsuits. Participants posted jubilant videos until discovering negative balances. read more
JP Morgan appoints role to address overwork in banking industry
#JPmorgan #worklifebalanceJP Morgan creates role to support junior bankers' wellbeing and prevent overwork after recent industry deaths. The new global investment banking associate leader will oversee staff globally and ensure adherence to a new 80-hour work week policy. read more