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JPMorgan Starts Program to Track Junior Banker Hours

JPM
Technology & InnovationCybersecurity & Data PrivacyManagement & GovernanceRegulation & LegislationFintechLegal & Litigation

JPMorgan initiated a pilot program to monitor junior investment bankers by tracking keystrokes and work-related activity on the bank's technology platforms. The tool is intended to provide accountability and insight into workloads, but it introduces data-privacy, employee-relations and potential regulatory/reputational risks that investors should monitor.

Analysis

JPMorgan initiated a pilot program to monitor junior investment bankers by tracking keystrokes and work-related activity on the bank's technology platforms. The tool is intended to provide accountability and insight into workloads, but it introduces data-privacy, employee-relations and potential regulatory/reputational risks that investors should monitor.

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