JPMorgan is tired of graduates accepting future roles elsewhere – and any person captured will now be dismissed

• JPMorgan has issued a severe warning to incoming analysts, Declaring that they will be dismissed if they accept another job offer within 18 months of membership, strengthening the point of view of CEO Jamie Dimon according to which such behavior is contrary to ethics. Politics, targeting an increasing trend among American graduates, aims to protect the bank from conflicts of interest and confidential information leaks, while making the advancement of internal career more attractive.

Wall Street’s veteran, Jamie Dimon, clearly indicated his opinion: graduates accepting an analyst’s role in JPMorgan, but the intention of going on investment capital in a few years is “contrary to ethics”.

And a few months later, JPMorgan said that entrants of incoming graduates if they accepted roles to future dates that they will be dismissed.

An email sent by Filippo Gori and John Simmons, co-chefs of the World Bank of the largest American bank, welcomed new graduates from this summer with a severe warning: “If you accept a position with another company before joining us or during your first 18 months, you will receive an opinion and your job with the firm will end.”

The reasoning was clear, to continue with the financial giant “your full attention and your participation are essential”.

Continuing its plan without frills with junior talents, the memo adds that training sessions, meetings and obligations are compulsory – if they are missed, once again, the individual can be released.

E-mail informing recent graduates that they would be released if they obtained another job were only sent to new employees in the United States, Fortune Understands, largely because the question of talents accepting future roles is more a problem in the United States than in other geographies.

Although the memo did not explicitly indicate where these posts dated in the future could be offered, the boss of the bank with a market capitalization of some $ 730 billion made its reflections on such a clear phenomenon.

“I know that many of you are working at JPMorgan, you are employed in a investment capital store before you even start with us,” Dimon told a host of undergraduate students in September 2024. “I’m going to say something a little different, okay, because I have not talked about a character. The most important thing about the character of people, I don’t like it.”

Of course, the declaration and subsequent action may rush the feathers with PE, which represents an important part of JPMorgan’s activities.

But Dimon argued that the practice of junior analysts acquires an experience base with JPMorgan before skipping the ship exhibited the bank because staff members can have confidential information or information.