Third JPMorgan Employee Suicide As Investment Banker Jumps From Hong Kong Headquarters

| by Khier Casino

A JPMorgan Chase & Co. investment banker jumped 30 stories to his death on Tuesday from the roof of the bank’s headquarters in Hong Kong.

The unidentified 33-year-old banker recently told a coworker he was under a lot of heavy work-related stress, police said.

According to the New York Post, the JPM banker made it to the roof of the downtown building after lunch on Tuesday. Police arrived at the building and attempted to talk him out of throwing himself off the building, to no avail, according to a local report.

(Photo by SCMP Pictures)

No suicide note was found, police said.

“Out of respect for those involved, we cannot yet comment further,” a spokesman for JPMorgan in Hong Kong said. “Our thoughts and sympathies go out to the family and friends at this time.”

The latest death follows Ryan Crane, 37, the former executive director of JPMorgan’s Global Equities Group, who was found dead at his Stamford, Conn., home on Feb. 3, Opposing Views reported.

It is not clear if the two suicides are connected with the suicide of Gabriel Magee, another JPMorgan employee who worked as a bank vice president in the technology arm in the U.K. Magee reportedly fell from the roof of JPMorgan’s 33-story Canary Wharf tower in London, where his body was found around 8 a.m. on Jan. 28.

“The clustering is striking,” said Dr. Christine Moutier of the American Foundation for Suicide Prevention, referring to the outbreak of banker suicides. “In some high-stress careers, worrying about mental health is seen as a weakness and goes untreated.”

Two other bankers have also committed suicide outside of JPMorgan recently, according to the Post.

Mike Dueker, 50, chief economist at Russell Investments and former Federal Reserve bank economist, was found dead on Jan. 31 near the Tacoma Narrows Bridge in Washington state, the Pierce County Sheriff’s Department said.

William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanging in a South Kensington, London house on Jan. 26.