JPMorgan Chase's asset management division no longer plans to use proxy advisers in the U.S., according to an internal memo seen by Reuters on Wednesday, a move the bank described as an industry first.

The bank’s asset-management unit will use an in-house, AI-powered platform to cast shareholder votes.

JPMorgan (JPM) set to release Q4 earnings on Jan 13. Analyst raises price target to $362, citing strong profitability, capital, and leadership under CEO Jamie Dimon.

After CEO Jamie Dimon railed against the advisers for years, the bank’s asset management unit cut firms like ISS and Glass Lewis out of U.S. voting decisions.

The Dow Jones Industrial Average is declining Wednesday morning with shares of Caterpillar and JPMorgan Chase facing the biggest losses for the price-weighted average.

The largest financial institution in the United States, JPMorgan Chase & Co., is hiring bilingual speakers in New York City — no college degree required, according to its website. The bank is seeking part-time associate bankers in the Bronx and Flushing.