JPMorgan to cut 3,000 more jobs in retail bank unit
Published Fri, Nov 7, 2014 · 03:30 PM
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[NEW YORK] JPMorgan Chase & Co said it would cut more than 3,000 jobs than previously expected in its retail banking unit.
The bank expects its 2016 retail banking expense base to be US$2 billion lower than in 2014, JPMorgan's retail bank head Gordon Smith said in an investor conference on Friday.
REUTERS
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