Brexit: JPMorgan may one day move all European business out of London, says bank boss

JPMorgan may one day move all of its EU-focused business out of London and into Europe, the investment bank's boss has said.Jamie Dimon said any such move would be "many years out" but warned that London will need to “adapt and reinvent itself” after Brexit.JPMorgan's chairman and chief executive opined that “few winners are likely to emerge” from the UK's decision to leave the EU which will make financial services fragment across multiple cities including Amsterdam, Frankfurt, Paris and Dublin.In his annual letter to shareholders, Mr Dimon wrote: "In the short run (ie, the next few years), this cannot possibly...