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The Independent UK

Business

Anna Wise

US banking giant to build new Canary Wharf headquarters

United Kingdom Budget United States Rachel Reeves Economy Goldman Sachs JP Morgan Chase

Global banking giant JPMorgan Chase has announced plans for a new tower in London’s Canary Wharf, a move it is estimated will inject £10bn into the City’s economy.

This significant investment coincides with rival US investment bank Goldman Sachs’ declaration that it will double the workforce at its Birmingham office.

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