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0 0 0.000505720968455734 6.3215121057079E-05 -0.00214931411593655 -0.000316075605284676 0.00433023579240156 0.00379290726341737
Stock impact report

London's answer to Wall Street gains momentum as major firms sign on [MSNBC.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSNBC.com
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK.Bloomberg | Bloomberg | Getty ImagesVisaJPMorganVisa, whose European headquarters is currently at Paddington in the west of London, has signed a 15-year, 300,000 square foot lease at One Canada Square in Canary Wharf, according to Canary Wharf Group. The firm will move in summer of 2028.It follows news that JPMorgan intends to build a new 3 million square foot tower in the city's historic financial district, whileHSBCBBVABarclaysCitibankCanary Wharf was hit particularly hard as the coronavirus pandemic fueled a move to hybrid and remote working. The Docklands Core submarket, which includes Canary Wharf, hit record high vacancy rates in the first quarter of 2025, at 18.5%, according to data from CoStar.There are three main reasons for a resurgence of the district, Shobi Khan, CEO, Canary Wharf Group, told CNBC in September, at which point Canary Wharf's vacancy rate was 6%.First is the convenience o Show less Read more
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