JPMorgan Chase & Co. (JPM) is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, Bloomberg reported citing people familiar with the matter.
Source: www.rttnews.com
JPMorgan Chase & Co. cut hundreds of jobs globally in its asset and wealth-management division after a periodic review of staffing. The bank is reducing the number of employees in support roles across the unit and laying off some wealth-management workers. JPMorgan employed nearly 24,000 people in asset and wealth management at the end of last year.
