Covid-19: JP Morgan Chase shuts 20% branches

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Covid-19: JP Morgan Chase shuts 20% branches

Mar 20, 2020 18:03 IST

JP Morgan Chase on Wednesday told employees it will temporarily close about 20% of its branches and reduce staffing in response to the coronavirus pandemic. The biggest US bank said that non-teller personnel including financial advisers and mortgage bankers could work from home starting March 19. It will also reduce the hours of operation of branches that are open.

Global Business