JPMorgan (JPM) is said to be moving a number of positions to London from Paris, Bloomberg reports citing sources.

JPMorgan's decision to relocate positions from Paris to London indicates a strategic adjustment in its post-Brexit operational framework.

Newsquawk StaffPublished 27 Apr 2026, 11:02 UTCOn the live feed at 10:42 UTC — 4 more headlines followed before this page went public

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10:45

[MARKET UPDATE] Crude benchmarks slip around USD 1/bbl as US participants emerge; European bourses mark session highs, high-beta FX outperforms

10:45

Eli Lilly (LLY) to acquire Ajax Therapeutics for up to USD 2.3bln in cash, and is to advance outcomes for patients with myelofibrosis and polycythemia vera

10:42

JPMorgan (JPM) is said to be moving a number of positions to London from Paris, Bloomberg reports citing sources.

10:39

Chinese Finance Ministry says it appreciates Moody's upgrade of China's outlook; will continue to promote the transformation of economic structure

10:34

German spokesperson says they are working on alternative procurement for the Pck Schwedt refinery (230k BPD)

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Partially due to an overestimation of the number of EU-based staff required for post-Brexit legislation.

Context

The move suggests a reassessment of staffing requirements in the EU and may reflect a broader trend of banks consolidating in London to maintain efficiency and compliance with evolving regulations. This could also amplify competitive dynamics in the European banking sector, impacting peers.

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