Bank of America recently announced it would raise the minimum wage it pays its workers, but don’t expect JPMorgan Chase — the nation’s largest bank — to follow suit any time soon.
In a conference call with journalists on Friday, JPMorgan Chief Executive Jaime Dimon defended the bank’s minimum wage of $16.50 an hour and at least $18 an hour in higher-cost major cities.
“We take very good care of our entry-level jobs: $35,000 to $37,000 per year, medical, retirement,” he said, according…
