JPMorgan Chase Rebrands Diversity Program, Shifts Focus to Opportunity

The bank renames its DEI initiative to Diversity, Opportunity, and Inclusion, reducing training and decentralizing management to align with legal and market trends.

JPMorgan Chase has renamed its Diversity, Equity, and Inclusion program to Diversity, Opportunity, and Inclusion, replacing 'equity' with 'opportunity' to emphasize merit-based practices.
The bank is reducing diversity-related training and integrating some programs into other business lines such as human resources and corporate responsibility.
Certain activities, councils, and chapters are being consolidated to streamline operations and engagement strategies.
These changes reflect ongoing adjustments since 2023 to align with regulatory developments and market trends, including scrutiny from conservative groups and political figures like Donald Trump.
JPMorgan reaffirms its commitment to merit-based hiring, compensation, and promotion practices without employing illegal quotas or pay incentives.