Some of Wall Street’s biggest banks reported a surge in profit today on the back of a rebound in dealmaking and strengthening equity markets toward the end of last year. JPMorgan Chase, the US’s biggest lender,

Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.

Wall Street banks Goldman Sachs and JPMorgan Chase became the latest major companies to feel the heat from anti-DEI activists demanding they eliminate or shrink their “woke” policies, according to a report.

Several conservative-leaning activist groups have been calling for some major banks to revoke their diversity, equity and inclusion (DEI)-related policies,