jpmorgan

In a dramatic legal twist, jpmorgan's top executive Lorna Hajdini finds herself facing serious allegations from ex-junior banker Chirayu Rana, who has accused her of sexual coercion and racial harassment. In response, Hajdini has initiated a defamation counterclaim, asserting that Rana's accusations are nothing but a ploy for personal profit.

India's skills conversation is shifting from identifying youth deficits to systemic improvements. Leaders discussed building smoother education-to-employment pathways, emphasizing collaboration between government, industry, and nonprofits. Emerging solutions focus on hyper-local training and early career guidance in schools to unlock youth potential.

jpmorgan Chase CEO Jamie Dimon expressed concern over market exuberance, warning investors may be overlooking geopolitical and economic risks like US-Europe trade issues and Middle East tensions. Despite strong trading volumes benefiting Wall Street, Dimon cautioned that broader market optimism might be unjustified.

JP Morgan Chase CEO Jamie Dimon is reconsidering a multibillion-dollar London office project due to the UK's political climate, warning of potential withdrawal if a future government proves "hostile to the banks." Despite this, Dimon expressed support for Keir Starmer and Rachel Reeves, advocating for closer UK-Europe ties post-Brexit. Political instability surrounding Starmer's leadership is also impacting UK bond markets.

jpmorgan CEO Jamie Dimon, at the 2025 Reagan National Economic Forum, urged professionals to "talk to everybody" to foster growth and learning. He emphasized stepping out of comfort zones, observing, and listening to diverse perspectives. Dimon also warned companies against bureaucracy, calling it a "silent killer" that breeds complacency and inefficiency, especially in large organizations.

A former jpmorgan banker of Nepalese descent alleged that a senior executive coerced him into “non-consensual and humiliating sex acts" while threatening his career and subjecting him to racial abuse. According to a WSJ report, the bank unsuccessfully tried settling the case before the lawsuit was filed

JP Morgan CEO Jamie Dimon predicts artificial intelligence will reduce some banking jobs. The bank plans to hire more AI specialists and fewer traditional bankers. This shift will be managed through employee turnover and retraining. Other global banks also see AI impacting support roles and back-office operations. The pace of change requires careful societal consideration.

They are today the drivers of the country’s services exports and GDP growth; they are doing cutting-edge tech work; India needs a GCC policy to make them catalyse our educational and research institutions, and our deeptech startup ecosystem

But Delhi policy wonks just don’t get it. These centres today are drivers of services exports & GDP growth. Now, India needs a policy to make them catalyse our educational, research, and deep-tech ecosystem

Cognizant is pioneering new pricing models based on tokenisation. This shift moves away from traditional human-led services towards digital labour and AI-driven operations. The company is introducing AI-enabled rate cards that account for varying levels of machine involvement. This approach aims to align pricing with business outcomes and unlock significant savings for clients.

The case has gone viral because it flips the usual assumptions around workplace abuse. The complainant is male. The accused executive is female. The setting is not a grimy back office but jpmorgan Chase, the great Wall Street mothership of American finance.

Anthropic employees refused to sell their shares at the $350 billion tender offer earlier this year, and now we know why. The Claude maker has agreed a fresh $30 billion funding round at a $900 billion valuation, the Financial Times reported, nearly tripling its worth in three months. With revenue at $30 billion and an IPO expected by October, staff are sitting on a payday.

Anthropic CEO Dario Amodei told WSJ at the World Economic Forum in Davos that software is heading toward being "cheap, maybe essentially free," warning that whole careers built around writing code may not survive the AI shift. The Anthropic chief executive also predicted SaaS incumbents leaning on code complexity as a moat could "go bust" as ServiceNow, Snowflake and Microsoft stocks slide and Anthropic eyes a $900 billion valuation.

jpmorgan Chase CEO Jamie Dimon identified bureaucracy as a 'silent killer' that breeds complacency and inefficiency within organizations. He urged companies to eliminate managers who foster such practices, emphasizing the need to focus on outcomes and share information transparently. Dimon advocates for assigning critical tasks to small, focused teams to increase accountability and speed up decision-making.

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry, sources said. Talks around reducing taxes for overseas investors have accelerated amid efforts to slow the rupee’s decline, they added.

jpmorgan is currently under scrutiny as a high-profile lawsuit unfolds, with allegations against top executive Lorna Hajdini involving sexual misconduct, racial harassment, and the drugging of a junior staff member. The Indian employee alleges he endured a toxic work environment rife with racist remarks and pressure tactics.