International Companies

JP Morgan to shift €200bn from UK to Germany - report

By Sean Farrell

Date: Wednesday 23 Sep 2020

(Sharecast News) - JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.

The biggest US bank by assets plans to complete the transfer by the end of 2020 in a move that...

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