JP Morgan may move all its European operations out of London, bank’s chief says | Yahoo Finance UK
The chief executive of JPMorgan (JPM) has said Brexit “cannot possible be a positive” for the UK economy in the short-term and warned that the bank may eventually move all of its European operations out of London.
The chief executive of JP Morgan has said Brexit “cannot possible be a positive” for the UK economy in the short-term and warned that the bank may eventually move all of its European operations out of London.Jamie Dimon wrote in his annual letter to the bank’s shareholders: “In the short run (ie, the next few years), this cannot possibly be a positive for the United Kingdom’s GDP – the …
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