trending Market Intelligence /marketintelligence/en/news-insights/trending/68SIWtKngCH1liX3263IvQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

JPMorgan steps up Brexit plan with 2nd Paris office purchase

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

JPMorgan steps up Brexit plan with 2nd Paris office purchase

JPMorgan Chase & Co. acquired a second office building in Paris as it accelerates preparations for the imminent departure of the U.K. from the European Union, the Financial Times reported.

The new seven-story building can house up to 450 employees, according to the Jan. 20 report. The U.S. lender plans to initially transfer sales employees to be followed by traders, Kyril Courboin, the bank's head of France, said.

In Paris, the bank already has 260 staff. The new base adds to a building the bank had previously acquired, paving the way for the French capital to be the bank's second-largest European site behind London, the FT noted. In the British capital, JPMorgan employs about 10,000 people, while in Frankfurt it has about 500 staff.