financetom
Business
financetom
/
Business
/
JPMorgan executives emphasize employee health, well-being after BofA banker death
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JPMorgan executives emphasize employee health, well-being after BofA banker death
May 20, 2024 10:42 AM

NEW YORK (Reuters) -JPMorgan Chase's ( JPM ) top executives emphasized on Monday the importance of employee health in response to a question about the effect of high-pressure working conditions on young associates.

A junior banker at Bank of America, Leo Lukenas III, died from a blood clot earlier this month.

"There is nothing, nothing that is more important than the health and well-being of our employees, and we're aware of those stories and they are tragic and incredibly sad," Jennifer Piepszak, co-CEO of the commercial and investment bank at JPMorgan ( JPM ), told investors.

"We have to be out in the field, and every one of us are, so that we have a sense of where the pressure might be mounting, and we need to give people the resources to be able to cope."

JPMorgan ( JPM ) executives met with the head of human resources in the wake of the incident, CEO Jamie Dimon said.

The lender is focused on initiatives to help employees manage their work-life balance, said Troy Rohrbaugh, who serves as co-CEO alongside Piepszak.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecolab Adjusts 2025 Outlook But Sticks To Bold 2026 Profit Ambitions
Ecolab Adjusts 2025 Outlook But Sticks To Bold 2026 Profit Ambitions
Oct 28, 2025
Ecolab Inc. ( ECL ) shares are trading lower on Tuesday. The company reported third-quarter adjusted EPS of $2.07, in line with the consensus estimate. Quarterly sales of $4.165 billion outpaced the Street view of $4.120 billion. Reported sales increased 4% year over year (Y/Y), with organic sales growth of 3%. Also Read: Ecolab Expands High-Tech Water Business With $1.8 Billion Acquisition Of Ovivo Electronics Unit Organic sales were driven...
D2L to Launch Streamlined Pathway For 1EdTech Certification
D2L to Launch Streamlined Pathway For 1EdTech Certification
Oct 28, 2025
11:38 AM EDT, 10/28/2025 (MT Newswires) -- D2L (DTOL.TO) said Tuesday it is launching a streamlined pathway for edtech vendors in D2L's partner program to more easily access 1EdTech membership and certification resources. 1EdTech sets global standards for interoperability, data privacy, security and accessibility best practices, a statement said. D2L partners will now have streamlined access to 1EdTech certifications, helping...
--Nvidia to Make $1 Billion Equity Investment in Nokia
--Nvidia to Make $1 Billion Equity Investment in Nokia
Oct 28, 2025
11:41 AM EDT, 10/28/2025 (MT Newswires) -- Price: 192.76, Change: +1.26, Percent Change: +0.66 ...
What's Going On With Aduro Clean Technologies Shares Tuesday?
What's Going On With Aduro Clean Technologies Shares Tuesday?
Oct 28, 2025
Aduro Clean Technologies Inc. ( ADUR ) shares are trading higher Tuesday, extending a steady climb that has lifted the stock more than 10% over the past month. ADUR is surging to new heights today. Get the latest updates here. What To Know: In mid-October, Aduro released first-quarter results for fiscal 2026 and provided a business update. Aduro reported quarterly revenue...
Copyright 2023-2026 - www.financetom.com All Rights Reserved