Reported 3 days ago
JPMorgan Chase has significantly reduced references to 'diversity, equity, and inclusion' (DEI) in its annual report, reflecting the increased pressure from conservative activists and legal changes regarding corporate DEI practices. The bank removed four references compared to the previous year while still acknowledging potential criticism about its DEI initiatives. CEO Jamie Dimon hinted at changes to DEI programs in light of legal developments, expressing skepticism about certain expenditures related to these initiatives.
Source: YAHOO