JP MORGAN STARTS ITS MOVE

There was much clattering of chairs and sideboards yesterday at JP Morgan’s Aldermanbury offices in the City of London as removal people began the shift eastwards to the US bank’s new London headquarters at the former Lehman building in Canary Wharf. JP Morgan started moving people last month and has already installed its name-plate at the new building. Sources say it will continue moving people until the start of the Olympics, after which there will be a fortnight’s break before the move is finally completed sometime in the autumn.

Let’s hope the client lift at the new building is blessed by the same courteous butler-dressed attendant to assist clients along their way in the firm’s new shiny home.