JPMorgan Chase to close 1,000 Chase branches on coronavirus concerns

(Reuters) - JPMorgan Chase and Co will temporarily shut about 1,000 bank branches, roughly 20%, to protect employees and reduce the spread of the coronavirus, according to a memo the bank sent to employees Wednesday.Beginning Thursday, the bank's remaining roughly 4,000 branches will be open as usual but operating on reduced hours, as JPMorgan Chase becomes the first national lender to temporarily close operations as a precaution against the escalating health crisis. Many of the branches..