Of particular concern is $52.6 million in option awards granted to the chairman and CEO.
The phenomenon is evidence of a divergence between conservatives and big business.
She says the current geopolitical issues are having longer-lasting economic effects.
JPMorgan is one of the biggest players in global commodities, which have been rocked in recent weeks by the war.
Inflation, higher interest rates and the war in Europe need to be accounted for, said CEO Jamie Dimon.
Investment-banking revenue fell to $2.1 billion, lower than the $2.3 billion analysts were expecting.
The bank said it plans to separate the two roles “upon the next CEO transition.”
JPMorgan will also end mandatory testing for employees who haven't been vaccinated.
Like Goldman, JPMorgan is closing down Russian operations that amount to a small portion of its business.
The uncertainties surrounding the war in Ukraine are weighing on investors, he said.
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