NEW YORK, Nov 4 (Reuters) - JPMorgan Chase ( JPM ), Bank
of America ( BAC ) and Citigroup ( C/PN ) reminded employees that
they can take paid time off to vote in Tuesday's U.S.
presidential election, while underscoring the need to work
across political lines.
The three largest U.S. lenders have combined global
workforces of almost 760,000 people, including staff in U.S.
branches and corporate offices.
"One of the distinctive hallmarks of our American democracy is
the long history of Americans choosing their leaders and the
peaceful transfer of power," JPMorgan ( JPM ) executives led by CEO
Jamie Dimon wrote in a memo last week. The largest U.S. lender
will continue to work "across the political spectrum," they
wrote.
A bank spokesperson confirmed the contents of the email,
adding it had sent a similar message in 2020. JPMorgan ( JPM ) also
guided employees to voter registration information and its
policy on taking paid time off to vote.
Citigroup ( C/PN ) gives U.S. workers three hours of paid leave if
needed to cast their ballots, according to a memo sent on Friday
by Ed Skyler, its head of enterprise services and public
affairs, and Sara Wechter, its human resources chief.
The only thing certain about the election, the Citi
executives wrote, "is that roughly half of the U.S. will be
unhappy with the outcome. Our colleagues have divergent and
equally passionate views across a range of issues. Despite those
difference in views, we are proud of how our Citi community
consistently shows respect for one another."
At Bank of America ( BAC ), the second biggest U.S. lender, a
similar policy has been in place since 2020 giving workers
several hours of paid leave to vote, according to a person
familiar with the matter who declined to be identified
discussing personnel matters.
Employees were reminded of the policy via an internal
website in recent days, the person said.