Amid Brexit fallout, global banks are leveraging Canary Wharf as a new financial hub, exemplified by plans for a new tower.

1 report, 1 independent Updated Jun 22

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Canary Wharf City of London

How it developed

Newest first. Tap a step to see who reported it.

Jul 1Barclays secured a 999 year lease on a tower in Canary Wharf, establishing a long-term presence in the financial district of London. Revolut is also part of this new generation of tenants.Sub-event
Jun 22Global bank plans new tower in Canary Wharf amidst Brexit-driven financial center competition.1 source
- rte.ie

Keep exploring

Part of

Brexit has led to the erosion of the City of London's dominance, while global banks develop in Canary Wharf and IMF data shows capital decline. All 1 developments

The entities involved

Canary Wharf
privately-owned district in the London Borough of Tower Hamlets
- Hexaware Technologies opened its UK headquarters in London and plans to establish R&D centers in Birmingham, Leeds, and Manchester.Mon 09:46
- Regeneration efforts have established a second financial district and modernized transport systems in London.Sun 21:22
City of London
city, ceremonial county and local government district containing the historic centre and the primary central business district in the London Region in England, UK
- Candidates for the Lord Mayor of London, including Bronek Masojada and Tim Hailes, are making moves in the race.Mon 14:59
- The City of London is facing consequences related to the geopolitical situation involving Russia.Sun 21:22

Related events

Battersea, the City of London, and Canary Wharf are contributing to the broader London development market and financial center output.Fri 10:06

Coverage

Newest first; wire copies grouped

Jun 22rte.ie