JPMorgan Said to Consider Moving Site of NYC Headquarters
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JPMorgan Chase & Co., the biggest U.S. bank, is considering moving its headquarters within New York as the company has fewer employees in the nation’s largest city, according to a person briefed on the discussions.
The potential plans, which include taking office space in Manhattan developments at the World Trade Center or Hudson Yards, are in early stages and no decision is imminent, said the person, who asked not to be identified because the talks are private. JPMorgan has moved back-office jobs to New Jersey, Delaware and Florida to cut expenses, the person said.