JPMorgan CEO Dimon Warns of London Job Losses After Brexit
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37309
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
JPMorgan CEO Dimon Warns of London Job Losses After Brexit
CEO of JPMorgan Chase & Co, Jamie Dimon, has warned of the possibility of relocating several thousand employees from the UK if the country’s breakaway from the European Union adversely impacts on the banks.
His comments come just a day after Finance Magnates reported that some ofLondon’s hedge funds and private equity managersare starting to look at shifting their operations into continental Europe.
Passporting Rule
According to sources quoted in Bloomberg, Dimon questioned whether the UK could win continued use of the ‘passporting’ rule, which currently allows companies with UK operations to sell their services to the remaining 27 nations ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.