Dimon Defends JPMorgan’s Minimum Wage, Pointing to Low Pay Elsewhere
This article is for subscribers only.
Jamie Dimon defended the wages of his bank’s lowest-paid employees after being criticized by a lawmaker earlier this week.
The chief executive officer of JPMorgan Chase & Co., the largest U.S. bank, pushed back on questions in a call with journalists, asking reporters from the New York Times and CNBC how much their publications pay entry-level workers and saying the banking industry likely pays more than the U.S. government.