Brexit Could Mean JP Morgan Moves More Than 4,000 Jobs From Britain

Brexit Could Mean JP Morgan Moves More Than 4,000 Jobs From Britain
Jamie Dimon, Chairman and CEO of JP Morgan Chase & Co. speaks during the Milken Institute Global Conference in Beverly Hills, Calif., on May 1, 2017. Reuters/Mike Blake/File Photo
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LONDON—JP Morgan could move more than 4,000 jobs out of Britain if Brexit talks result in a divergence of regulations and trade agreements between Britain and the European Union, the U.S. banking giant’s Chief Executive Jamie Dimon said on Thursday.

“If they determine you can’t have reciprocal trade practices, reciprocal regulations ... It would be more than 4,000,” Dimon said in a BBC interview on the sidelines of the World Economic Forum meeting in Davos, Switzerland.