'This is good for our company and clients, but more importantly, it’s the right thing to do', JPMorgan CEO Jamie Dimon said in a statement. 'The rights of all people are important and must be protected'.
The court also reinstated a judge’s order allowing gay marriages in California, the nation’s largest state by population.
Some of the biggest financial firms have criticized prohibitions of same-sex marriage, saying the measures could make it harder to recruit staff. Insurer Chubb Corp., which highlights the benefits it offers to domestic partners, said in 2011 that DOMA 'imposes burdens' on businesses.
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