JPMorgan May Cut Base-Metals Jobs in London, Metal Bulletin Says

JPMorgan Chase & Co. may cut jobs at its industrial-metals team in London, Metal Bulletin reported, citing unidentified people.

At least two jobs at former units of RBS Sempra Commodities LLP acquired by JPMorgan will be cut to eliminate duplication, Metal Bulletin said.

JPMorgan spokeswoman Kimberly Weinrick declined to comment when contacted by Bloomberg News today.

To contact the reporter on this story: Maria Kolesnikova in Moscow at mkolesnikova@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter@bloomberg.net.

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