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Bank of America, PayPal Among US Firms That Pledge $1.7 Billion to UK
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Bank of America, PayPal Among US Firms That Pledge $1.7 Billion to UK
Sep 15, 2025 4:22 AM

07:08 AM EDT, 09/15/2025 (MT Newswires) -- PayPal ( PYPL ) , Bank of America ( BAC ) , Citigroup ( C ) , and S&P Global (SPGI) are among the US firms that have committed more than 1.25 billion British pounds ($1.70 billion) to the UK's financial services sector, the UK government said Saturday.

Bank of America ( BAC ) will create up to 1,000 roles in Belfast, while Citigroup ( C ) is investing 1.1 billion pounds across its UK operations, the official statement said.

BlackRock ( BLK ) will open a new Edinburgh office and plans to allocate more than 7 billion pounds to the UK market next year on behalf of clients, plus 500 million pounds for UK enterprise data centers. PayPal ( PYPL ) is investing 150 million pounds in the UK, while S&P is funding more than 4 million pounds for its Manchester offices.

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