JP MORGAN MAKE SOLID STANCE IN THE FACE OF BREXIT – JP Morgan’s CEO @Daniel Pinto said in a memo sent to UK-based staff, “Just as we are working to minimise disruption for our clients, we are looking to do the same for our people. We want to avoid affecting the lives of employees and their families with changes that could prove to be unnecessary or premature, as long as political negotiations and regulatory outcomes remain unclear.” The memo followed the plans that were put in place for “several dozen” of JP Morgan’s UK-based staff to move to other European cities in preparation for Brexit, the bank having already issued a warning that up to 400 jobs could be moved on “day one” of the split. JP Morgan also has plans to hire staff in Paris, Madrid, Milan and other locations throughout Europe, this will be in addition to their previously mentioned Brexit hubs in Dublin, Frankfurt and Luxembourg. #SpartanInternational