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JP Morgan Chase & Co to cut jobs

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Investment bank JP Morgan Chase & Co has announced they are slashing hundreds of jobs across their asset ad wealth management division.

Staff who work in wealth management and support roles across their global business, in August 2018 the bank made 100 employees redundant.

Darin Oduyoye, a spokesperson for the bank said, “It is normal course of business for us to review our staffing annually to ensure appropriate levels, and adjust as necessary,”

“We continue to invest in our business and talent, including hiring top advisers in key markets and expanding our product and service offering.”




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