JPMorgan can’t handle Twitter snarkiness

JPMorgan, which has been in the news because of a series of multi-million dollar regulatory settlements, suffered another public relations setback this week, reports the New York Times.

Read: JPMorgan Chase negotiating massive fine

It asked Twitter users to submit questions for its vice chair, James Lee. He was part of the team that helped take the social media site public earlier this month.

The Q&A—scheduled for Nov. 14—was supposed to focus on job advice for young people.

Instead, #AskJPM was flooded with pointed questions about the bank’s role in various financial scandals.

“What is your favourite type of whale?” tweeted one user, referring to the bank’s London Whale scandal, which is now in the courts.

Read: U.S. banks criticize JPMorgan for whale error

“Do you feel bad about systemically undermining democracy? Do you know what fiduciary duty is?” another asked.

“As a young sociopath, how can I succeed in finance?” asked another.

While JPMorgan called off the event, the hashtag continues to be inundated with questions.

Read more here.

Also read:

Expect a smaller JPMorgan, says CEO Dimon

Finally, common sense from the SEC

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.