JP Morgan Chase, Goldman Sachs Boost UK Presence

JP Morgan Chase and Goldman Sachs announce significant expansions in the UK, with JP Morgan planning a £10 billion tower in Londons Canary Wharf and Goldman Sachs doubling its Birmingham staff. These moves follow a Budget announcement that spared the financial sector from tax increases, with Rachel Reeves suggesting a direct link between the two. Despite controversy over the Chancellors request for public praise, JP Morgans CEO Jamie Dimon reaffirms their long-term commitment to the UK.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.