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

[July 11, 2017]  PARIS (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon  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)

[© 2017 Thomson Reuters. All rights reserved.]

Copyright 2017 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.