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Banks are ditching London offices and not just because of covid-19
Rooms for RentAfter almost three years of weighing up its options, Barclays is likely to step up plans to vacate its investment bank headquarters, according to people familiar with the matter. The offices are in Canary Wharf, the glitzy east London financial district that’s come to rival the City of London since its birth in the late 1980s.Broker Jones Lang LaSalle has been hired to sublease the Barclays space, so the investment bankers can shift to the bank’s nearby corporate headquarters, said the people, asking not to be identified because the details aren’t public.