Vis Raghavan, co-head of global investment banking at JPMorgan Chase, reported recently that most of the company’s employees had returned to working in the office.
Maybe it’s time for CEO Jamie Dimon to spend a little more time there as well, as it appears that he doesn’t know what’s going on at his shop.
You may recall that late last year Dimon declared that divestment from reliable, carbon-based energy would be “the road to hell for America” and that ESG amounts to “ceding governance to do-gooder kids on a committee”—about which many investors are, to put it mildly, not enthused.
Good heavens, just wait until he finds out how Chase actually does business.
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