Banks have taken up five times as much office space in the City of London as Canary Wharf in the past five years
The German lender could vacate its office in the Docklands financial district when its lease expires in 2028
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The fintech is moving to the former Thomson Reuters building
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Financial district secures key office extension after remote working saw firms downsize
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While HSBC’s exit is the most high profile to date, the gradual bleed out of Canary Wharf has swelled in recent years
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The owners of the struggling business hub hope new mod cons, jazz festivals, go-karts, greenery and the arrival of the Elizabeth Line will make it a place that people will actually want to visit
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Iacobescu first joined the project to revitalise the Docklands in 1988
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The bank started sending home virus tests to employees and contractors who have been regularly visiting its Canary Wharf headquarters in a pilot programme
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The strategy head of the Canary Wharf Group has a bold claim: the company’s daily cleaning rota has rendered its offices cleaner than hospitals.
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Move could mean new shops and entertainment venues as well as plans to develop the area's arts scene
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