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  • Why Jamie Dimon is giving JPMorgan workers a raise

    JPMorgan Chase CEO Jamie Dimon says the bank will increase pay for 18-thousand lower-tier employees.

  • LONDON, July 8- Britain looks set for an economic slowdown and possibly a recession after voters decided to leave the European Union in a referendum on June 23. Below is a summary of some signals of the Brexit effect on Britain's economy. Amazon said it has not seen a sales dip in Britain since the referendum and its plans for the UK had not changed.

  • LONDON, July 7- Five U.S. investment banks promised British finance minister George Osborne on Thursday that they would try to help London keep its top spot as a financial center, but gave no commitment on jobs following Britain's vote to leave the European Union. One banker at the meeting with Osborne told Reuters the banks wanted to see concrete moves to ensure...

  • LONDON, July 7- Four U.S. investment banks promised British finance minister George Osborne on Thursday that they would try to help London keep its top spot as a financial center, but gave no commitment on jobs following Britain's vote to leave the European Union. One banker at the meeting with Osborne told Reuters the banks wanted to see concrete moves to ensure...

  • LONDON, July 7- Britain looks set for an economic slowdown and possibly a recession after voters decided to leave the European Union in a referendum on June 23. Below is a summary of some signals of the Brexit effect on Britain's economy. The online retailer said it has not seen a sales dip in Britain since the referendum and its plans for the UK had not changed.

  • LONDON, July 7- Four U.S. investment banks promised British finance minister George Osborne on Thursday that they would help London keep its top spot as a global financial centre following the country's voted to leave the European Union. The statement said no other city in Europe had capital markets as deep as those of London, but the banks made no commitment...

  • Jamie Dimon: Negative rates not in the cards

    JPMorgan could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the EU.

  • MILAN, July 7- JPMorgan Chase& Co could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian newspaper. "The key issue is the' passport rule' that we have in London and allows us to provide services to clients in the...

  • July 6- Consulting and outsourcing company Accenture Plc said Chief Executive Pierre Nanterme was diagnosed with colon cancer and is currently recovering from a surgery. "I have been advised by my doctors that I will be able to stay actively involved in the day-to-day operations of the company throughout this process," Nanterme said in a statement.

  • Trader brexit reaction

    Post-Brexit stock prices continue to decline, but with the earnings period approaching, big banks may miss out on buybacks.

  • People walk by the New York Stock Exchange following news that the United Kingdom has voted to leave the European Union, on June 24, 2016, in New York City.

    Energy companies could be most exposed to the effects of a Brexit, said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management.

  • NEW YORK, June 24- JPMorgan Chase& Co is grappling with how much of its business can stay in Britain and a lot will depend on how well European Union and U.K. politicians appear to be getting along. It is still unclear whether JPMorgan, the largest U.S. bank, would need to hive off slivers or chunks of its UK operations after Britain voted Thursday to leave the EU, Daniel...

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • A trader from BGC, a global brokerage company in London's Canary Wharf financial centre reacts during trading June 24, 2016 after Britain voted to leave the European Union in the EU BREXIT referendum.

    Bank stocks plummeted to the bottom of indexes across Europe on Friday after the U.K. voted to quit the European Union and stunned global markets.

  • LONDON, June 24- Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, an upheaval that threatens London's dominance of finance. The news hammered the stock values of banks from mainland Europe to Wall Street giants with large operations in London,...

  • And even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace it as a financial hub across the Atlantic for trading, lending and dealmaking in Europe. Among the questions being asked in C-suites across Wall Street: What's the best European city to house a broker-dealer, if not London?

  • A campaigner hands out a 'Vote Remain' leaflet near Angel London Underground Station in London, U.K.

    Big banks in the U.S. and U.K. expected to post huge losses in Friday trading as the market prices in a new reality.

  • Jamie Dimon and JPMorgan executives issue company note on Brexit

    Executives at the banking giant see possible changes ahead to comply with new laws.