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JPMorgan to build Glasgow tech centre

JPMorgan to build Glasgow tech centre

Wall Street giant JPMorgan Chase is building a new multi-million pound office in Glasgow to house up to 2700 tech workers.

The US bank has been in Glasgow for 20 years and claims to be the largest technology employer in Scotland, with around 2000 staffers spread between two locations in the city.

Planning permission has now been granted for a 270,000 square foot building in the heart of Glasgow's International Financial Services District, which will have space for up to 2700 techies when it opens in 2022.

Lori Beer, global CIO, JPMorgan, says: "This investment is just the next step in our unwavering commitment to the city of Glasgow. We have enjoyed 20 years of success in the city and this has helped build our global reputation of technology innovation for our clients."

Th 13-storey office will have a host of environmentally friendly features, including LED lights and over 350 bicycle spaces but just 12 car parking spots.

Scottish First Minister Nicola Sturgeon says: "I welcome JPMorgan Chase’s continued investment in Scotland through the building of these new and sustainable Glasgow headquarters. With a focus on renewable energy and active travel, the company’s plans are an example to other businesses of how we can move towards a cleaner, greener economy."

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