JPMorgan Chase opened its new 270,000 square foot office in Glasgow at a ceremony attended by Humza Yousaf today.
The 14-storey building is located on Argyle Street and comes after the firm had outgrown its previous premises.
The firm currently employs 2600 people in Glasgow and is one of the largest technology employers and recruiters in Scotland.
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Lori Beer, global chief information officer at JPMorgan Chase, said the company has been among Glasgow’s top technology employers for 25 years.
“This is a deliberate long-term investment in the city and our employees,” she said.
“Time after time, Glasgow has proved itself to be a rich hub of tech talent and innovation, and today we are doubling down on being a part of the local community here.”
The First Minister, meanwhile, said the opening is “an exciting moment for the financial services and technology sectors in Scotland”.
“JPMorgan Chase is one of the country’s largest technology employers,” he added.
“And this renewed commitment to the city acknowledges Scotland’s skilled workforce and our reputation as a centre of excellence for finance and technology.”
Scottish Enterprise chief executive, Adrian Gillespie said: “JPMorgan Chase are to be congratulated on the opening of their fantastic new building, which stands as a testament to the success the company has enjoyed since coming to Glasgow 25 years ago, now employing 2,600 people in the city.
“Scottish Enterprise worked with JPMC to locate in Glasgow initially, and that office was crucial to the development of the city’s International Financial Services District. This further investment in Scotland is a real endorsement of our diverse and highly skilled technology workforce – just one of the reasons we continue to attract more international investment than any other part of the U.K. outside of London.”
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