LONDON: In the buildup to 2016's Brexit referendum, JPMorgan CEO Jamie Dimon said the U.S. bank could shift 4,000 jobs from Britain, joining a chorus of executives who warned a vote to leave the European Union would ravage the country's finance industry. A decade later, the Wall Street giant plans to build a tower in London's Canary Wharf that it says could house up to 12,000 employees - a commitment hailed as "a multi-billion pound vote of confidence" by finance minister Rachel Reeves.
Other signs too suggest the British financial industry has weathered Brexit better than many expected: employment in the City of London financial district is near an all-time high, and banks are posting record profits.
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