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Wall Street Counts on Video Interviews in Bid to Diversify Ranks

  • Banks staffed disproportionately by alumni of private colleges
  • ‘Have to have a comprehensive strategy,’ Howard’s Wilbon says
JP Morgan Chase & Co. headquarters in New York.

JP Morgan Chase & Co. headquarters in New York.

Photographer: Michael Nagle/Bloomberg
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Banks, forced to rely on video to interview college students, say it has the added benefit of diversifying the ranks.

JPMorgan Chase & Co.’s decision to depend on virtual interviews, predating the coronavirus outbreak, has allowed the firm to connect with more candidates from more schools than ever before, said Robert Walke, global head of wholesale revenue campus recruiting. Goldman Sachs Group Inc. made a similar shift five years ago.