Business • Economy
2020-09-24T10:00:01+00:00

Investment bank JPMorgan announces move of €200 billion in assets from UK to Germany following Brexit

According to reports by Bloomberg, the investment bank JPMorgan Chase & Co. is moving assets worth around €200 billion from the United Kingdom to Frankfurt, Germany. The reason for the move is the end of the transition period and the Brexit with the United Kingdom leaving the European Union.

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