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Hours after CEO decried inequality, JPMorgan seeks to quash call for racial-equity audit – MarketWatch

Bank asks shareholders to vote against proposal that would ensure transparency on racial-equity issues on same day CEO Jamie Dimon wrote about battling inequality…

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JPMorgan Chase & Co. Chief Executive Jamie Dimon addressed inequality, racism and corporate responsibility in his annual letter to shareholders Wednesday morning. Hours later, the JPMorgan board, which he chairs, urged shareholders to vote against a proposal for a racial-equity audit. JPMorgan Chase
JPM,
+1.57%
is one of a handful of the nations biggest banks being urged to conduct racial-equity audits to examine how their practices and policies affect nonwhite customers and communities of color…

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