US banking giant Glasgow move to bring jobs boost


Glasgow, banks and the pound.  Newsquest, Getty, Bank of England.

Glasgow, banks and the pound. Newsquest, Getty, Bank of England.

A JOBS surge is expected as a US banking giant prepares to move to a massive new base in Scotland’s largest city.

JPMorgan Chase underscored its long-term commitment to Glasgow as it prepares to move to its massive city center location.

The New York-based investment bank has been a mainstay in Glasgow’s International Financial Services District for more than two decades.

HeraldScotland: More than 2,200 people are now employed at JPMC in two offices on Waterloo Street and Bothwell Street, with operations playing a key role for the bank as a global technical centre.  Image: Colin Mearns

HeraldScotland: More than 2,200 people are now employed at JPMC in two offices on Waterloo Street and Bothwell Street, with operations playing a key role for the bank as a global technical centre. Image: Colin Mearns

More than 2,200 people are now employed at JPMC in two offices on Waterloo Street and Bothwell Street, with operations as a global technical center playing a key role for the bank. Image: Colin Mearns

Also Read :  JPMorgan Profit Falls On Investment Loss and Recession Planning

Its Glasgow operation has grown during the city’s pandemic and its workforce is expected to continue to grow as it moves to a new home on Argyle Street. The 13-story building is scheduled for completion sometime in 2023.

Also Read :  “I’m Growing Older, But Not Up” | News, Sports, Jobs

ADMINISTRATORS have been called to Arjowiggins Group offices across the UK.

HeraldScotland: The group owns and operates two factories in the UK, at Stoneywood, Aberdeen and Chartham, Kent.  Image: Getty Images

HeraldScotland: The group owns and operates two factories in the UK, at Stoneywood, Aberdeen and Chartham, Kent. Image: Getty Images

The group owns and operates two mills in the UK, in Stoneywood, Aberdeen and Chartham, Kent. Image: Getty Images

Interpath Advisory’s Blair Nimmo and Alistair McAlinden have been appointed joint administrators of ten Arjowiggins Group UK subsidiaries.

FINALLY this week we got an admission from Liz Truss that a free trade deal with the US is not expected in the “short to medium term”.

Also Read :  William H. Plumb | News, Sports, Jobs
HeraldScotland: The Johnson government has cracked down on immigration after its hard Brexit.  Image: PA

HeraldScotland: The Johnson government has cracked down on immigration after its hard Brexit. Image: PA

The Johnson government took drastic action against immigration after its hard Brexit. Image: PA

The wording does not imply for years. This, of course, will not surprise anyone with even a passing knowledge of current affairs.

SCOTTISH financial solutions provider Opulus has acquired Glasgow-based Nicolson Accountancy in its largest acquisition since inception late last year.

HeraldScotland: The acquisition by Opulus was funded by a seven-figure investment.  Image: Getty Images

HeraldScotland: The acquisition by Opulus was funded by a seven-figure investment. Image: Getty Images

The acquisition by Opulus was financed by a seven-figure investment. Image: Getty Images

Founded over 20 years ago by Angus and Sue Nicolson, Nicolson Accountancy has offices in Glasgow, Kilmarnock and Stornoway, providing accounting, tax and payroll services to more than 2,000 clients across the UK, Europe and the US.

​​​​​​​​​​Sign up for free: you can now send the briefing straight to your email inbox twice a day, and Business Week for the seven-day recap on Sunday 👇

HeraldScotland:

HeraldScotland:



Source link