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Breaking News - BREAKING NEWS - Economy

BREAKING NEWS - Economy

JP Morgan to move hundreds of jobs out of UK due to Brexit  

Setting out for the first time the locations that will be beneficiaries of the UK’s exit from the EU, one of the US bank’s most senior executives indicated that other roles would follow once the outcome of the negotiations was known.

“We are going to use the three banks (Dublin, Frankfurt and Luxembourg) we already have in Europe as the anchors for our operations,” Daniel Pinto, JP Morgan’s head of investment banking, told Bloomberg.Read more HERE.

Setting out for the first time the locations that will be beneficiaries of the UK’s exit from the EU, one of the US bank’s most senior executives indicated that other roles would follow once the outcome of the negotiations was known.

“We are going to use the three banks (Dublin, Frankfurt and Luxembourg) we already have in Europe as the anchors for our operations,” Daniel Pinto, JP Morgan’s head of investment banking, told Bloomberg.Read more HERE.

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Published on 05/05/2017 @ 1:36 PM   | All Breaking News Topics | Top
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