US bank JPMorgan says UK jobs could move abroad

US investment bank JPMorgan Chase today warned that it could relocate UK jobs abroad following Britain's vote to leave the European Union.
"In the months ahead... We may need to make changes to our European legal entity structure and the location of some roles," said a staff memo obtained by AFP.
JPMorgan employs 16,000 people in Britain, while chairman and chief executive Jamie Dimon previously said up to 4,000 jobs could move out of the UK.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 24 2016 | 7:07 PM IST
