JPMorgan Moves Some Paris Traders to London in Brexit Rethink

JPMorgan Moves Some Paris Traders to London in Brexit Rethink

JPMorgan Chase & Co. is relocating a handful of roles from its Paris trading hub to London, partly because executives believe they overestimated the number of EU-based staff needed to meet post-Brexit rules, people familiar with the matter said.

JP Morgan shifts Paris jobs back to London in Brexit shake-up

JP Morgan is relocating a number of roles at its Paris hub to London in a rethink of policies introduced in the wake of Brexit. The Wall Street titan is shifting a handful of trading roles to London after over-estimating the number of EU-based staff it would need to meet post-Brexit rules. Along with EU rules, the banks decision also stems from role changes and personal tax considerations, according to Bloomberg, who first reported the news. “Pa…

JPMorgan moves staff back to London in quiet Brexit reversal

JPMorgan Chase & Co. has begun moving some staff back to London from Paris, in a partial reversal of its post-Brexit expansion on the Continent. The bank had shifted rolesRead More...