Jul
09

An Uber I.P.O. Looms, and Suddenly Bankers Are Using Uber. Coincidence?

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An Uber driver crossing the Brooklyn Bridge in January, heading toward Manhattan.CreditSam Hodgson for The New York Times

Wall Street banks can be hidebound in their ways: insisting on suits and ties and handing out BlackBerries after everyone else has moved on to the iPhone. But if there is one thing that can push even the most conservative bank into the future, it is the prospect of business.

The latest reminder came this week when JPMorgan Chase announced that it would reimburse all of its employees for rides taken with Uber — offering access to “Uber’s expanding presence and seamless experience,” the company said in a news release…

An Uber I.P.O. Looms, and Suddenly Bankers Are Using Uber. Coincidence?

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