J.P. Morgan Chase's Answer to Lowering Operating Costs

Lay off 1,000 people in New York on Monday to open a new call centre across the continent in a Vancouver suburb in April.

J.P. Morgan Chase to shut U.S. call centre, moving jobs to B.C.

I'm surprised the second largest American bank would make such a move. It's a vote of non-confidence in the U.S. economy.