JPMorgan Plans to Build London’s Largest Office Building

JPMorgan plans to build a new tower in Canary Wharf for its headquarters in the UK, a multibillion-pound endorsement of London’s status as a global financial center. The office building would be London’s largest by far at three million square feet and could host as many as 12,000 employees, according to a statement from the investment bank Thursday. The construction is expected to take six years. Bloomberg’s Jack Sidders reports.
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