'Brexit' could have economic, political downsides for U.S. business

J.P. Morgan CEO Jamie Dimon visited the banking giant's British corporate office in the seaside city of Bournemouth this month to deliver a chilling message to employees: “As many as 4,000” J.P. Morgan jobs in the United Kingdom — about a quarter of the U.K. workforce — could be cut if Britons vote next week to leave the European Union. 

The June 23 referendum on a “Brexit,” or British exit from the 28-member union, will determine if the country severs its close economic and political ties with continental Europe and chart its own course in national security, economic policies and immigration laws.

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