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Several global investment banks to move jobs out of London

Several global investment banks to move jobs out of London

PanARMENIAN.Net - Several global investment banks plan to move jobs out of the city of London to other locations, some within the UK, according to MarketWatch.

Bank of America Corp. plans to move up to 2,000 back- and middle-office staff from London to Chester over the next 10 years. J.P. Morgan Chase & Co. plans to move about 1,000 jobs to Bournemouth in the UK, and an equal number of jobs to Asia.

Deutsche Bank AG is slated to move sales traders to Birmingham in the UK.

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