JP Morgan issues internal email memo, reminding them to demonstrate the highest standards, including respect and dignity for others

According to the Straits Times (ST), JP Morgan has issued an internal email memo to its employees, reminding them to demonstrate the highest standards, including respect and dignity for others. This memo comes after the recent incident where its employee was caught on video yelling and hurling vulgarities at security guards after being told he needed to pay parking fees for guests visiting his condominium. The footage of the incident – which reportedly took place at Eight Riversuites condominium in Bendemeer – was first posted on YouTube, and has been circulating across social media, making headlines. In the video, a man dressed in a sleeveless shirt and shorts can be seen expressing his displeasure virulently towards the security guards. The man, a resident at that place, told the security officers that he had bought his condominium unit for S$1.5 million, and subsequently started uttering profanities. “I buy your f****** property for S$1.5 million you know,” exclaimed the man. As the video progresses, the security guards were constantly explaining that they are just “enforcing the rules”, yet the man was adamant to his stance as he continued to berate them. Once the video went viral, the ill-tempered man was identified as Mr Ramesh Erramalli, a foreign talent from India who works at global financial services company J.P. Morgan in Singapore. According to ST, J.P. Morgan is “aware of the video and is looking into the matter”. But, the esteemed company declined to comment on whether it paid for Mr Ramesh’s alleged S$1.5 million accommodation and for how long he has been an employee.







