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JPM JP Morgan Chase and Co

191.35
-0.51 (-0.27%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
JP Morgan Chase and Co NYSE:JPM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.51 -0.27% 191.35 193.50 189.52 192.81 6,503,302 01:00:00

JPMorgan to Relocate 200 London Workers -Bloomberg

18/09/2020 8:09pm

Dow Jones News


JP Morgan Chase (NYSE:JPM)
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--JPMorgan Chase & Co. plans to move about 200 staff from London as the U.K. prepares to exit the European Union, Bloomberg reported Friday, citing people familiar with the matter.

--Workers in areas such sales and trading would have to sign new contracts and prepare to relocate in time for Jan. 1, according to the report.

--Workers would move to other European cities and receive six months' commuting and accommodation support in addition to help with language courses, the report said.

--A spokesman for JPMorgan in London declined to comment, according to Bloomberg.

 

Full story: https://www.bloomberg.com/news/articles/2020-09-18/jpmorgan-to-relocate-200-london-bankers-as-no-deal-brexit-looms?sref=cvDKYV7o

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

September 18, 2020 14:54 ET (18:54 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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