JPMorgan is not the only big U.S. bank to settle with the OFCCP this year. Wells Fargo agreed in August to make job offers to 580 applicants and pay $7.8 million in back wages and interest to settle allegations of hiring discrimination by the agency.
The OFCCP alleged the bank violated Executive Order No. 11246 by discriminating against 34,193 African American applicants in several types of positions and against 308 female applicants for administrative support positions.
