JPMorgan to Relocate 200 London Bankers as No-Deal Brexit Looms

  • Bank sees little chance of financial services deal with EU
  • Some staff may initially commute between U.K. and Europe
Brexit Concessions Not Enough, Former U.K. Lawmaker Says
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JPMorgan Chase & Co. told about 200 staff Friday to plan to move out of London because it sees little prospect of the U.K. winning a deal on financial services as the nation prepares to exit the European Union.