| Reuters on April April 13 reported that JP Morgan has cut 30 jobs, or 5 percent of its headcount, at its Asia wealth management business, a source with direct knowledge of the matter said, as the U.S. bank sharpens its focus on tapping wealthier clients. The job cuts would affect the bank's Singapore and Hong Kong offices, the source said, declining to be identified because they were not authorised to speak publicly on the subject. |  |
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