PARIS, May 15 (Reuters) - JPMorgan ( JPM ) plans to open

a new office in central Paris to accommodate 1,000 employees, it

said on Thursday, as the Wall Street giant bets on further

expansion in the French capital despite recent political

instability and fiscal headwinds.

The announcement comes after U.S. President Donald Trump's

slew of tariffs knocked corporate sentiment, with banks warning

about the potential for an economic slowdown that could hit

their hiring plans.

The new office, located behind the bank's Paris headquarters

in Place Vendome, will open in 2027, with employees expected to

relocate from its other buildings.

In the reorganisation accompanying the opening the bank will

reduce the number of buildings it occupies from six to three, it

said, though its overall office space will increase. JPMorgan's ( JPM )

Paris headcount has already surpassed 1,000, it said.

The announcement comes ahead of next week's annual Choose

France summit, President Emmanuel Macron's flagship event to

attract international investment.

Since his first election in 2017, Macron has sought to lure

global banks and investors to Paris with a raft of

business-friendly policies, including the introduction of a 30%

flat tax on capital gains and investment income in 2018.

(Reporting by Mathieu Rosemain)