J.P. Morgan Chase to fire 4,000 invest bankers

verfasst von Oswald, 05.10.2002, 14:45

-->J.P. Morgan Chase to fire 4,000 invest bankers - report (JPM)
By Luisa Beltran

J.P. Morgan Chase & Co. plans to lay off nearly 4,000 investment bankers from its investment banking group, Bloomberg News reported Friday, citing people familiar with the situation. Earlier this year, J.P. Morgan announced that 2,000 bankers would be laid off and CEO William Harrison had announced more cuts last week. However, Harrison did not give a final number. A J.P. Morgan
(JPM) spokesman declined comment.

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• J.P. Morgan Chase to fire 4,000 invest bankers - Oswald, 05.10.2002, 14:45