JPMorgan said to have fired cheating analysts too

Report Tick Boxes

JPMorgan Chase dismissed 10 analysts last month for cheating on internal training exams, a person briefed on the matter said last week.

Bloomberg News reports that some of the employees were based in New York and some in Latin America, said the person, who asked not to be identified because the moves aren’t public.

Bloomberg also reported last week that Goldman Sachs is dismissing about 20 analysts globally in offices including London and New York after discovering they had breached rules on internal training tests, said people familiar with the matter.

The employees, who had been working in the investment bank’s securities division, have either already been dismissed or are in the process of leaving the bank, said the people, who asked not to be identified as the matter is private.

JPMorgan fired 10 Analysts for Cheating on Tests

Goldman, JPMorgan Said to Fire 30 Analysts for Cheating on Tests

 

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts