JPMorgan wants hire people with criminal backgrounds

National

NEW YORK – MARCH 24: (FILE PHOTO) The JP Morgan Chase building is seen March 24, 2008 in New York City. The banking giant posted a $2.7 billion profit in the second quarterJuly 16, 2009, a 36% jump from 2008. Revenues were up 39%, at $25.62 billion. (Photo by Chris Hondros/Getty Images)

NEW YORK CITY (CNN NEWSOURCE) — The largest bank in the country wants to hire more people who have criminal backgrounds.

Jamie Dimon, JPMorgan’s CEO, made the announcement in a statement released Tuesday. He said it’s a way to level the playing field and broaden its pool of potential employees.

“When someone cannot get their foot in the door to compete for a job, it is bad for business and bad for communities that need access to economic opportunity,” Dimon said in a written statement.

JPMorgan has now “banned the box” that asks prospective employees whether they have a criminal record. The firm is already hiring some people with a conviction on their record for entry-level jobs, like transaction processing and account servicing.

However, the company says it is not lowering its hiring standards.


Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

TRENDING STORIES