JP Morgan Headed To Canary Wharf

By John Carney

Here in New York we’ve grown pretty accustomed to the idea that Wall Street is more of a metaphysical concept than a geographic one. Many of the so-called Wall Street firms long ago decamped for midtown locations (and, now, many have plans to head back to the area still quaintly known as the “Financial District”).
But over in the City of London they’re a bit more uptight about their reputation as an important financial district. So the news that JP Morgan is defected from the City to Canary Wharf is being treated as “a major blow.” The move may have been influenced by the fact that JP Morgan picked up a 300,000 square foot space in Canary Wharf when it acquired Bear Stearns.

JPMorgan Cazenove deals City of London major blow with Canary Wharf defection [Telegraph]

Comments (13)

  1. 1
    Posted by guest | August 1, 2008 at 2:42 PM

    What is JPM doing? the mayo in London sucks.

  2. 2
    Posted by guest | August 1, 2008 at 2:42 PM

    Is that like moving your headquarters to Jersey City or Rego Park?

  3. 3
    Posted by guest | August 1, 2008 at 2:56 PM

    Credit Suisse, HSBC, Citigroup, Lehman Brothers, Morgan Stanley, Bank of America and Barclays are already in Canary Wharf.

  4. 4
    Posted by guest | August 1, 2008 at 2:56 PM

    can I buy puts in Liverpool St Pubs?

  5. 5
    Posted by guest | August 1, 2008 at 4:18 PM

    canary wharf happens to be very nice. all large, new office buildings, right on the water and by a major tube station

  6. 6
    Posted by guest | August 1, 2008 at 4:22 PM

    I like Maria today. Showing the legs and 2 tickets to the gun show.
    -BeckyBootFan

  7. 7
    Posted by guest | August 1, 2008 at 5:15 PM

    #5
    So is Joyzey, except it has path. So what? Real BSDs are in Mayfair anyway.

  8. 8
    Posted by guest | August 1, 2008 at 7:20 PM

    One Canada Square, where Bear was located, could be the possible venue for JP, between HSBC and Shitty group towers (it used to be citigroup).
    Those r the tallest buildings in UK, like the world trade center in NYC. would you like to work there
    knowing that there are tons of muslims around (much, much more thant in NYC)?
    Sincerely,
    Nostradamus

  9. 9
    Posted by guest | August 1, 2008 at 9:10 PM

    @ 8
    It’s “ShittiPoop”, get it right!

  10. 10
    Posted by guest | August 1, 2008 at 10:01 PM

    Just think how the Mets will be playing at Shitty Field next season…

  11. 11
    Posted by guest | August 4, 2008 at 9:27 AM

    8 – sitting in one of those towers you mention… like it plenty, thankyou. I’ve asked around and it would appear that, muslims are not all terrorists. Who knew?!

  12. 12
    Posted by guest | August 4, 2008 at 2:00 PM

    “I’ve asked around and it would appear that, muslims are not all terrorists. Who knew?!”
    11 is right – some are still prospective terrorists…

  13. 13
    Posted by guest | August 7, 2008 at 9:43 AM

    Shamon! Too many people over there already.

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