These are people who take a job with JPMorgan ... but it starts like a year out? So they go work somewhere else that may or may not present a conflict of interest?
Is that a common thing in finance?
inhumantsar•8mo ago
people take a job at JP Morgan and then accept a future dated job with a private equity firm.
seems like those other firms are effectively using JP Morgan as a training centre and Dimon's concern is that the employees involved are a) not giving their job at JP Morgan its due attention and b) handling confidential information while also under contract with another firm.
duxup•8mo ago
These are people who take a job with JPMorgan ... but it starts like a year out? So they go work somewhere else that may or may not present a conflict of interest?
Is that a common thing in finance?
inhumantsar•8mo ago
seems like those other firms are effectively using JP Morgan as a training centre and Dimon's concern is that the employees involved are a) not giving their job at JP Morgan its due attention and b) handling confidential information while also under contract with another firm.