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First Republic: 1,000 jobs cut by new owner JP Morgan

bbc.com

First Republic: 1,000 jobs cut by new owner JP Morgan

Wall Street giant JP Morgan Chase is cutting jobs at failed US lender First Republic Bank, after buying the firm this month. Around 1,000 roles, or 15%, of First Republic's workforce will be cut, the BBC understands. Also this week, First Citizens, which
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