JPMorgan Said to Plan Thousands of Job Cuts to Trim Expenses

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(Bloomberg) -- Jamie Dimon, chief executive officer of JPMorgan Chase & Co., talks about the bank's plea agreement reached with the U.S. government on charges they conspired to manipulate currency markets, corporate governance and company culture. Dimon speaks at an investor conference in New York. (Excerpts. Source: JPMorgan Chase & Co.)

JPMorgan Chase & Co. will cut thousands of jobs over the next year as the biggest U.S. bank by assets seeks to contain expenses and sells businesses, said a person with knowledge of the plans.

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