Charlotte, N.C. (August 8, 2022) – The Bank of London, which is the UK’s second clearing bank authorized in the last 250 years, announces today they will be opening their US Global Platform & Services HQ in Charlotte creating 350 jobs and expecting an annual payroll impact of nearly $33M when fully staffed.
“The Bank of London has truly game-changing and patented technology that will power the borderless economy of the future,” said Jim Ditmore, Co-President & Group Operating Officer. “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.”
New positions at the US Global Platform and Services division will include software development, compliance and risk, technology operations, infrastructure engineering and business operations. The Bank of London has already taken a 11-year lease on a forty-thousand square foot floor of One Independence Center at the energetic intersection of Trade and Tryon in the heart of Charlotte’s Central Business District.
“While we have entered a really tough market that has several of our previous recruits like Robinhood and Better.com making painful but necessary adjustments, today’s announcement by the Bank of London demonstrates Charlotte has cemented its position as a global fintech hub and ideal landing zone for international expansion into the US market,” said Tariq Bokhari, Founder of the Carolina Fintech Hub. “From our recent collaboration with the British Embassy, to Meta Lab interactions with startups from 13 Countries, to the current efforts underway leveraging the Presidents Cup and Picasso exhibit… this will be the first of several exciting international recruitment announcements.”