09:53 AM EDT, 09/11/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) is preparing plans for a new office building in London and has engaged architecture firm Foster + Partners to draft designs for what could be the company's biggest office in the city, Bloomberg reported Thursday, citing people with knowledge of the matter.

Sources told Bloomberg that Foster + Partners was tasked to propose designs for a property in London's Canary Wharf district owned by JPMorgan ( JPM ). The architecture firm is also due to present proposals for a Riverside South site in the coming weeks, sources added.

JPMorgan ( JPM ) continues to explore other options, including refurbishing its 20-year-old office in Canary Wharf, and plans to move to a new building are not yet final, the sources said.

JPMorgan ( JPM ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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