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.
JP Morgan employees expected to demonstrate the highest standards
The alleged internal email memo that was sent by Mr Edmund Lee, the senior officer of the multinational investment bank’s Singapore office, reminded its Singapore-based staff to uphold a “culture of respect” in their daily conduct.
Allegedly, Mr Lee wrote: “Our people, services and commitment to integrity have made JP Morgan one of the most respected financial institutions in the world. We all have a shared responsibility for preserving and building on this strong reputation…”All of us… are expected to demonstrate the highest standards, including respect and dignity for others… inside and outside of the workplace.”
It is said that there was no reference made to any incident. In particular, the heated exchange where its employee was caught on video berating the security officer.
When contacted by ST to confirm the e-mail, JP Morgan repeated its statement on Sunday that it is looking into the video and declined to give any detail of the employee.
JP Morgan’s Facebook spammed with negative remarks about employee
After the video of the incident became viral, J.P. Morgan‘s Facebook page was flooded with angry comments by Singaporean online users.
At the time of writing, the post has garnered just over 2,000 comments.
The comments were almost entirely hostile towards J.P. Morgan, condemning its integrity for the nature of its employees – in this case, exclusively on Mr Ramesh – while speaking up against the company’s policy of hiring foreign talents whereas Singaporeans would have been a much better fit.
Additionally, a handful of comments were ridiculing J.P. Morgan for not screening their employees properly prior to hiring them, hinting that Mr Ramesh actually provided false credentials in his professional profile.
The very implication even sparked an extensive conversation in a thread on Singapore Hardware Zone forum, which many of the comments actually cited.
What’s more, online users even went as far as to create an online petition to relieve Mr Ramesh of his duties at J.P. Morgan Singapore. At the time of writing, the petition has just surpassed 15,000 signatures, and is still amassing more signatures.
Besides the many talks of racial and foreign conspiracies in the aforementioned forum as well as the petition to get Mr Ramesh fired, what’s even more interesting is the fact that netizens are claiming that J.P. Morgan had selectively concealed heaps of angry comments on its Facebook post.
As mentioned earlier, the post has chalked up more than 2,000 comments, yet close to 800 of those comments were allegedly either hidden or removed – or perhaps even reported as spam.
