Investing.com – JPMorgan (NYSE:JPM) may move thousands of staff out of UK on Brexit.
Decision rests on if UK loses automatic right to sell financial services to the EU.
JPMorgan CEO Jamie Dimon told Italian daily Il Sole 24 Ore “passporting” right key.
“Worst-case scenario” is having move some thousands of employees, Dimon said.
UK has yet to begin talks on the conditions of its departure from the EU.