The bank is expected to completely exit One Cabot Square by the end of next year
Consultant advisory firm Teneo has taken space at the Carter in Blackfriars
Many of the cuts will come from the investment banking division, which makes up the bulk of staff in Cabot Square
The bank is looking to cut jobs and costs after UBS launches £2.65bn buyout
The bank employs more than 5,000 people at its Canary Wharf HQ
Wenceslao Bunge and Jaime Riera join the agency’s capital markets team
Bank has heavy presence in London with some 5,500 employees
Investors were asked to destroy documents linked to loans backed by “jets, yachts and real estate”
Redevelopment will deliver 82,000 sq ft of office, residential and retail space
AXAM Investment Managers is understood to have paid around €84m for the property
EG understands that the 71,997 sq ft office building has been sold for just over £24m.