From DEI to DOI at JP Morgan Chase
Internal memo stated last week that management is changing the word "equity" to "opportunity"
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- Written by Banking Exchange staff
A JPMorgan Chase internal memo stated last week that management is changing the word "equity" to "opportunity" changing its program to "diversity, opportunity and inclusion (DOI)."
It went on to state, “We believe this more accurately reflects our ongoing approach to reach the most customers and clients to grow our business, create an inclusive workplace for our employees and increase access to opportunities.”
The bank also said that it is making the changes to keep up with the market.
JPMorgan Chase has recently agreed to change their code of conduct to protect against religious and political discrimination not only of employees but also of customers as the bank was under fire by some conservative-leaning news organizations.
Other large U.S. institutions have also made similar changes in policy since President Trump took office in January.
Tagged under Mergers Acquisitions; Feature; Feature3; Diversity; DEI; Diversity, equity and inclusion; Human Resources;
