Dimon Criticizes Private Equity Poaching
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•Dimon: Grads taking PE jobs while at JPMorgan ‘unethical’
71% Informative
Jamie Dimon , the CEO of JPMorgan Chase , spoke of his disdain for private equity poaching practices.
Dimon is referring to the wonky practice in which private equity firms begin aggressively recruiting newly minted junior bankers right at the beginning of their career.
JPMorgan has been on the case for a while.
But Dimon says it's an unfair position for new college graduates who have to undergo rigorous interviewing rounds and complete projects.
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