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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 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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