The bank said about 85% of the former First Republic's roughly 7,200 employees received full-time or transitional roles with JPMorgan.
JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday, weeks after its takeover of the failed lender.
JPMorgan JPM said it had been transparent from the beginning with the... JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday, weeks after its takeover of the failed lender. JPMorgan JPM said it had been transparent from the beginning with the former First Republic employees that not everyone would be retained.
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