Key Points
- JPMorgan Chase created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street firms to examine how they treat their youngest employees.
- The firm named Ryland McClendon its global investment banking associate and analyst leader in a memo sent this month, CNBC learned.
- The memo specially stated that McClendon would support the “well-being and success” of junior bankers.
