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JPMorgan Cuts 40 Dealmakers in North America


JPMorgan Cuts 40 Dealmakers in North America as Part of Global Reduction Hannah Levitt and Liana Baker Sat, June 24, 2023 at 6:43 AM GMT+8·1 min read (Bloomberg) — JPMorgan Chase & Co. is cutting about 40 investment bankers in North America, as the Wall Street giant adds to international reductions amid a dealmaking slowdown. The latest cuts span all levels of seniority, according to people familiar with the matter, who asked not to be identified discussing the plans for personnel. JPMorgan eliminated about 20 investment-banking jobs in Asia earlier this week, on top of a prior round affecting the…

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