#jp-morgan

#jp-morgan

PA Media Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK's economy by 10bn. The firm said at three million square feet (280,000 sq m), the building would have double the space of Britain's current tallest building, the Shard. It will hold about 12,000 of its staff and be its most significant presence in Europe, the Middle East and Africa (EMEA).

J.P. Morgan's approach to AI and blockchain involves methodical processes including research, regulatory alignment, internal tool building, and team upskilling, demonstrated by initiatives like JPMD.

The new JP Morgan headquarters includes a Danny Meyer-curated food hall featuring 19 restaurants and aims to create a 'wellness and hospitality experience' for employees.

The major indices, except the Russell 2000, have recovered losses from this year’s massive sell-off, with renewed investment interest especially in big-tech stocks.

Investment and Scale: $18 billion technology budget in 2025, with AI driving $1.5 billion in annual business value. The bank employs over 2,000 AI experts.