JPMorgan Chase & Co. is said to be the biggest banker in the United States. Its 22-story Chase Tower sits along the river in downtown Milwaukee. However, the financial services giant is facing allegations that it paid at least 93 female tech workers less than it paid similar male employees, according to a Department of Labor complaint.
The action was taken by the department's Office of Federal Contract Compliance. If an administration judge rules against JPMorgan Chase in this matter of gender discrimination, and the company then fails to follow directives, it could see all its federal contracts cancelled and be banned from future contracting with the federal government.