JP Morgan is to boost its support staff in Europe by hiring 100 software engineers to its European Technology Centre in Scotland over the next two years.

The Glasgow-based centre, which JP Morgan set up in 1999, currently employs 600. It provides IT support for the US financial services group's investment banking and asset management divisions.

Wall Street bank moves 100 jobs to Glasgow

Nick Clark

JP Morgan

Bank of New York

Citigroup

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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Financial News

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

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