Market Chatter: JPMorgan Chase Faces New Charges in Racial Discrimination Allegations Made by Former Banker

MT Newswires Live

Jul 28

JPMorgan (JPM) is facing new civil-rights charges in a federal court from a former banker who in April alleged racial discrimination and harassment in the bank's leveraged-finance team, The Wall Street Journal reported Monday.

Chirayu Rana has accused Lorna Hajdini of violating civil rights and names three additional former JPMorgan colleagues as defendants, the report said.

A JPMorgan spokesperson told the WSJ that the bank doesn't believe there is any merit in the claims. The bank came to its conclusion after conducting an internal investigation, which it said the former banker who made the allegations refused to participate in, according to the report.

JPMorgan didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The bank came to its conclusion after conducting an internal investigation, which it said the former banker who made the allegations refused to participate in, according to the report.</p><p>JPMorgan didn't immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0820562030.AUD","symbol_name":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2654008150","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2654008150","pubTimestamp":1785232618,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The bank came to its conclusion after conducting an internal investigation, which it said the former banker who made the allegations refused to participate in, according to the report.JPMorgan didn't immediately respond to a request for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}