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J.P. Morgan acquires 25 Bank Street and 60 Victoria Embankment building

Tuesday 21 December 2010 10:05 CET | News

Global commercial card services provider J.P. Morgan has acquired London-based 25 Bank Street in Canary Wharf, which is expected to become the new European headquarters of its Investment Bank in 2012.

In addition, the company has also agreed to purchase 60 Victoria Embankment, a London-based building that currently accommodates J.P. Morgan’s Treasury and Securities Services division.

As part of future developments, J.P. Morgan is planning to continue working with the Canary Wharf Group, in a bid to develop the Riverside South site at Canary Wharf.

Currently J.P. Morgan counts 11,000 employees based in London and a total of nearly 18,000 across the region.


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Keywords: J.P. Morgan
Categories: Payments & Commerce
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Countries: World
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