JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives.

At JPMorgan, Thakur will take on his expanded role immediately, according to the bank's memo from commercial and investment bank co-heads Troy Rohrbaugh and Doug Petno

Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.

Jason Sippel, who jointly led JPMorgan’s sprawling trading business, will join the UK-headquartered macro hedge fund as its deputy chief investment officer and global head of markets, reporting to founder Chris Rokos. He will join the partnership board, subject to regulatory approval, the hedge fund said.

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

JPMorgan Chase & Co.’s global markets co-head Jason Sippel is leaving for hedge fund Rokos Capital Management, with Pranav Thakur taking over as sole head of Wall Street’s biggest trading desk.

He stands to get $80 million in bonuses over the next five years. Goldman Sachs and JPMorgan Chase kicked off bank earnings season with blowout results. Here's what it could mean for hiring across ...

O JPMorgan Chase e o Goldman Sachs resistem às pressões para reduzir suas iniciativas de diversidade.

The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.

The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control infrastructure, which it called the company’s “number-one priority.”

Companies requiring workers to return to the office include AT&T, Amazon, JPMorgan, and Toyota. View a list of RTO mandates across business and tech.

More than a dozen major U.S. companies have made headlines for rolling back their diversity, equity and inclusion (DEI) programs over the past year, but many are still standing firm.