Zurich Financial Services has decided to move the retail headquarters of Zurich Scudder Investments to Chicago. Currently, the firm has 900 people in its Boston offices, with between 500 and 600 working in the retail business.

Spokesperson Laura Trumble said the firm is unable to confirm the number of employees that will be affected, but said, "We’re not bailing out of the Boston office; we will absolutely have a Boston presence."

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