The chief executive of Canary Wharf said this week that there was “no sign” of JP Morgan Chase walking away from talks to take 1.9m sq ft in the financial district, despite the escalating financial crisis. “JP Morgan is emerging as one of the major power houses in the world,” George Iacobescu said. “When the shake-up is over you’ll have very powerful and very strong institutions like JP Morgan and they will all need very good premises.” The future of Lehman Brothers’ HQ remains uncertain. Feature, p66
The chief executive of Canary Wharf said this week that there was “no sign” of JP Morgan Chase walking away from talks to take 1.9m sq ft in the financial district, despite the escalating financial crisis. “JP Morgan is emerging as one of the major power houses in the world,” George Iacobescu said. “When the shake-up is over you’ll have very powerful and very strong institutions like JP Morgan and they will all need very good premises.” The future of Lehman Brothers’ HQ remains uncertain. Feature, p66
