Wednesday, April 18, 2007

UPDATE 1-JPMorgan nears Canary Wharf move decision -sources

(Reuters) - LONDON, April 18 - JPMorgan Chase & Co expects to decide by mid-May whether to move its London investment banking operations eastwards to Canary Wharf from the City, sources familiar with the matter said on Wednesday.

One of the sources, who requested anonymity, said any move was unlikely to happen for another four to five years, and would not affect JP Morgan's treasury and securities services or asset management operations.


Read more at Reuters.com Mergers News

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