Wednesday, April 18, 2007

JPMorgan nears Canary Wharf move decision -sources

(Reuters) - It would, however, include one of the oldest and best-known UK investment banking brands -- Cazenove -- potentially dealing a blow to the City's reputation as London's financial heartland. JPMorgan's investment banking division is spread among seven City locations now.

The U.S. investment bank is weighing a site at the Riverside South area just off Westferry Circus in east London and another at Fore Street in the historic City financial district, the sources said.


Read more at Reuters.com Mergers News

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