BackUS bank JPMorgan says UK jobs could move abroad
1 min read
24 Jun 2016, 03:23 PM IST
JPMorgan employs 16,000 people in Britain, while chairman and chief executive Jamie Dimon previously said up to 4,000 jobs could move out of the UK
Premium
London: US investment bank JPMorgan Chase & Co. on Friday warned that it could relocate UK jobs abroad following Britain’s vote to leave the European Union (EU).
“In the months ahead... we may need to make changes to our European legal entity structure and the location of some roles," said a staff memo obtained by AFP.
JPMorgan employs 16,000 people in Britain, while chairman and chief executive Jamie Dimon previously said up to 4,000 jobs could move out of the UK.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
Catch all the Corporate news and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.
More
Less
Published: 24 Jun 2016, 03:23 PM IST
Next Story
