The Story Behind JPMorgan's Job Cuts

The Story Behind JPMorgan's Job Cuts Play

Feb. 25 (Bloomberg) –- Macquarie Managing Director & Head of U.S. Bank Research David Konrad and Bloomberg’s Keri Geiger discuss JPMorgan cutting 8,000 jobs as its mortgage business shrinks, while trying to control costs at its branches. They speak to Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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