JPMorgan Chase & Co. expects to cut 12,000 jobs to realize cost savings associated with its purchase of Washington Mutual Inc.
Chase, the largest Houston-area financial institution, has 141 locations in the area employing 6,100 people, according to the Houston Business Journal Book of Lists . The bank has $33.9 billion in total local deposits as of June 30, 2007.
http://houston.bizjournals.com/houston/stories/2009/02/23/daily47.html?surround=lfn
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