JPMorgan Stresses Employee Well-Being After BofA Death

JPMorgan Chase’s (JPM), opens new tab top executives stressed employee wellness on Monday in response to a concern about high-pressure working conditions on junior colleagues

The death of Leo Lukenas III, a junior banker at Bank of America, was attributed to a blood clot that occurred earlier this month.

“There is nothing, nothing that is more important than the health and well-being of our employees, and we are aware of those stories, and they are tragic and unfortunate,” Jennifer Piepszak, co-CEO of the commercial and investment bank at JPMorgan, said to investors.

“We have to be out in the field, and every one of us is, so that we have a sense of where the pressure might be mounting, and we need to give people the resources to cope.”

In the aftermath of the incident, executives from JPMorgan met with the head of human resources, according to the company’s CEO, Jamie Dimon.

Managing a healthy work-life balance is a priority for the lender, according to Troy Rohrbaugh, who serves as co-CEO alongside Piepszak. The lender is focusing on programs that benefit those employees.