Amid record profits, the US’s largest bank faces internal turmoil over pay, layoffs, and DEI
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The US investment bank has been bolstering its dealmaking team in Europe
Pranav Thakur becomes sole head of JPMorgan’s sprawling markets business
Juniors are angry at the lack of change in the way investment banks work, despite the detrimental effects of extreme long hours
Bankers are feeling short-changed despite a year of stellar profits