JPMorgan Chase's CEO Jamie Dimon confirmed in an interview with CNBC on Monday that the bank plans to continue its diversity efforts despite a trend in the corporate world stepping back from such initiatives. Dimon emphasized that the bank will persist in reaching out to Black, Hispanic, LGBT, veteran, and disabled communities.
Acknowledging potential criticism, Dimon mentioned that the bank anticipates scrutiny from various quarters including activists, politicians, and the general public regarding its business practices and public policy stances, particularly on diversity, equity, and inclusion (DEI).
In a broader context, many leading corporations are scaling back their DEI commitments, partly influenced by President Donald Trump's efforts to overhaul such programs within both government and private sectors.
Citigroup recently announced its commitment to considering a diverse pool of candidates for job interviews, while Goldman Sachs has positioned itself to solely engage with public companies that have a minimum of two diverse board members.