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Bank of London to expand tech hub in Charlotte, creating 350 jobs

CHARLOTTE — The Bank of London is set to open its U.S. Global Platform and Services hub in Charlotte, which will create 350 jobs by 2026, the company announced Monday.

The new positions will include software development, compliance and risk, technology operations, infrastructure engineering and business operations.

Mecklenburg and surrounding counties can expect an annual payroll investment of nearly $33 million when the positions are fully staffed.

The bank will be housed in One Independence Center on a 40,000-square-foot floor at Trade and Tryon streets and is under an 11-year lease.

The bank is headquartered in London with offices in New York and Northern Ireland.

Statement from Mayor Vi Lyles, mayor of Charlotte:

“With The Bank of London building its technology hub in Charlotte, we continue to demonstrate that Charlotte is the epicenter of where finance and technology converge. This announcement further builds on our strategic international partnerships, and I look forward to seeing The Bank of London’s growth in our city.”

Statement from Anthony Watson, group chief executive and founder of the Bank of London:

“Without a doubt, Charlotte has some of the best bank technology and business talent that the US – and the world – has to offer. I should know. I spent some of the happiest years of my working life in Charlotte when employed by Wachovia Bank (now Wells Fargo). I’m beyond delighted to once again work in the Queen City as we transform banking for the betterment of all.”

Jim Ditmore, co-president and group operating officer of the Bank of London:

“The Bank of London has truly game-changing and patented technology that will power the borderless economy of the future. We will be continuing to invest heavily in our technology offering for clients and we’ve chosen Charlotte as a key location to drive our agenda forward, enabled by Charlotte’s unique combination of banking talent, technologists, and financial business leaders.”

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