Amelia J. Bell

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JPMorgan’s mortgage business to slash workforce as housing market cools

Thu Jun 23 , 2022
JPMorgan Chase (JPM) is slashing employment in its dwelling-lending division as growing property finance loan rates and inflation push a slowdown in the housing market place. The financial institution is envisioned to lay off or reassign additional than 1,000 personnel, Bloomberg Information initial noted on Wednesday. Bloomberg’s report indicated “about […]