Jamie Dimon-led JPMorgan is threatening to fire junior bankers who accept a job offer within the first 18 months of joining the firm as the battle for Wall Street’s top talent heats up.

A leaked letter to newly recruited JPMorgan analysts, posted on the Instagram account Litquidity, warns the junior bankers that if they already have a lucrative gig lined up elsewhere, they will be booted out of the bank.

“If you accept a position with another company before joining us or within your first 18 months, you will be provided notice and your employment with the firm will end,” according to a memo dated June 4 and signed by JP Morgan’s global banking co-heads Filippo Gori and Doug Petno. 5

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“To succeed in the investment banking analyst programme, your full attention and participation

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