JPMorgan suspends traders over chat practices

FAN Editor

JPMorgan Chase has once again sidelined fixed-income traders while it reviews employee chat practices, according to Business Insider.

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The company pulled traders off its trading floor while examining whether they breached company policy.

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The bank has removed two traders in New York and one in London while also turning off their Bloomberg terminals, according to Business Insider.

A credit trader was put on leave in January during a review of whether he violated policies by chatting with colleagues on WhatsApp, the Facebook-owned messaging service, according to Bloomberg.

EXCLUSIVE: JP MORGAN CEO JAMIE DIMON RIPS CRIPPLING PUBLIC POLICY

The two incidents are reportedly not related.

A JPMorgan representative declined to comment to Business Insider.

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The conduct in question reportedly took place on the Bloomberg terminal chat platform.

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