JPMorgan Chase is planning to more than double the advisors in its traditional broker business as the Wall Street giant plots an expansion in wealth management amid intensifying competition for rich clients.

The billionaire CEO was awarded 1.5 million in stock options in what the board said is an effort persuade him to lead the biggest U.S. bank for a “significant number of years.”

A bevy of Citigroup bankers and traders are vying to join a new program that would allow them to spend time working at a Black-owned bank.

Year to date through Mar. 31, 2021. Dollars in thousands.

Full-time equivalent, as of Mar. 31, 2021. Dollars in thousands.

Employees often avoid sharing bad news with their bosses, assuming the problem will resolve itself. It rarely does, so senior leaders need to create a culture of constant communication with direct reports — and even lower layers of management — so that issues don’t fester.

The San Francisco company said it will offer workers varying degrees of flexibility based on job type and experience. The bank will also collect data on who has been vaccinated.

The organizations that received charters this year emphasize digital access and remote work, and aim to address the economic disparities highlighted by the pandemic and the nationwide wave of racial justice protests.

The credit card issuer’s move will increase the pay of more than 5,000 employees. Numerous banks have recently raised their minimum wages in a competitive labor market.

HSBC Holdings’ streamlining drive has reached its top executives, with the bank promising to shake up a “hierarchical culture.”