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Keyword: davidhollerith

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  • Wall Street's diversity dilemma deepens as JPMorgan's Dimon sounds off on 'stupid' DEI expenses

    02/16/2025 12:06:47 PM PST · by lasereye · 20 replies
    Yahoo Finance ^ | February 16, 2025 | David Hollerith
    Wall Street’s defense of its DEI initiatives suddenly got a lot more complicated. JPMorgan Chase CEO Jamie Dimon, a longtime advocate of diversity and using bank resources to aid minority communities, told employees this past week during a town hall that he "was never a firm believer in bias training" and had questions about money being spent on certain DEI programs. "I saw how we were spending money on some of this stupid shit, and it really pissed me off," Dimon said, according to a recording of the town hall obtained by Yahoo Finance. "I’m just going to cancel them....