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JP Morgan CEO says ops could be in several EU countries post-Brexit
July 11, 2017 / 10:38 AM / in 4 months

JP Morgan CEO says ops could be in several EU countries post-Brexit

PARIS (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon (JPM.N) said on Tuesday the bank would probably use Frankfurt as the legal domicile of its European operations after Brexit, though jobs could be put elsewhere as well.

James Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co, attends the Paris Europlace International Financial Forum in Paris, France, July 11, 2017. REUTERS/Gonzalo Fuentes

“We will probably use the Frankfurt bank, because we will have the licenses already,” Dimon said during a banking conference in Paris.

“But the people could be in Paris, or Netherlands or Madrid...We haven’t decided yet, we are here to talk to people,” Dimon added.

Reporting by Leigh Thomas and Maya Nikolaeva

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