JPMorgan Chase Opens New Glasgow Office

Sustainable Design

In addition to its BREEAM Excellent certification, the Argyle Street building has a ‘Gold’ rating according to the WELL standard, owing to its management of lighting, water, air quality and noise reduction.

The building has photovoltaic solar panels that generate over 90 kW of power, which help offset carbon dioxide emissions and reduce demand from the power grid.

It uses a first of its kind heating and cooling system, where air-sourced heat pumps create both heating and cooling within a single process, and where excess energy is re-used in the system to increase overall efficiency. The building’s low-consumption LED lighting adapts dynamically to provide the exact amount of lighting needed during the day, and it automatically adjusts according to occupancy levels. It also features electric vehicle charging stations and bicycle racks for more than 270 people to help reduce carbon emissions produced from the daily commute.

Modern workplace prioritising employee well-being

The new building is designed to adapt to the future of work and foster teamwork and collaboration. It features experiential meeting spaces, including modern conference rooms, work cafés and games rooms. The lay-out of collaboration space is entirely configurable, with several spaces equipped with touch-screens for agile working. The dining areas feature diverse cuisine offerings and outdoor seating for employees to gather and socialise.

Employees also have access to best-in-class wellness experiences. From natural lighting to biophilic design, dedicated spaces are carefully configured for relaxation and rejuvenation. To support employees’ physical and emotional well-being, the building also features amenities such as a wellness studio for exercise, and nursing and mindfulness rooms.

Serving Glasgow and Scotland

Over the last five years, JPMorgan Chase has committed £2.9 million in philanthropic capital to support communities across Scotland. The firm’s support helps businesses of all sizes grow and succeed, families build strong financial futures and prepares young people for future job opportunities. Across Scotland, JPMorgan Chase supports high-growth businesses in industries like disruptive technology, life sciences, and green tech and is supporting renewable and alternative energy efforts through banking companies that produce solar power and offshore wind.

In Glasgow, JPMorgan Chase continues to actively recruit locally, taking in over 75 graduates every year. The firm is passionate about developing strong links with schools, universities and community organisations across the city, which has helped it become a top employer among female technologists and historically underrepresented groups in technology. This strengthens the firm’s ambition to be a ‘non-traditional’ technology organisation.

The bank runs a number of initiatives to encourage young people to choose computer science or STEM-based pathways. Its Tech for Social Good programme does this particularly for under-represented children between the ages of 5-18 and, as part of that, the related GenerationTech programme very specifically focuses on closing the gender gap in computer science among teenagers. Events involve leveraging technology to solve a social challenge with the help and guidance of JPMorgan Chase’s technologists. Many of the young women who have participated in GenerationTech have joined the firm as graduate level apprentices.

The firm also works closely with a number of community organisations operating in Glasgow including: dressCode and SmartSTEMS – organisations who all focus on encouraging the development of technology related skills among young people from all backgrounds through activities and mentorship. Together with non-profit partner, The Prince’s Trust, over the next three years, JPMorgan Chase will help 530 young people between the ages of 16-30 – who are currently facing barriers to the job market – access work in the construction, health and social care and engineering.

Elsewhere in Scotland, JPMorgan Chase is a significant employer in Edinburgh, where the firm has 1,400 employees, taking the total employees in the country to 4,000. Businesses operating there include the firm’s Private Bank, Payments and post-trade Securities Services. Edinburgh is also home to the customer contact centre of the firm’s award-winning digital retail bank, Chase. Chase is the Official Banking Partner of the Scottish national football teams, while J.P. Morgan is a leading Commercial Partner to Glasgow City Football Club, the professional women’s team based in the city.

About JPMorgan Chase
JPMorgan Chase (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

With over 63,000 technologists globally and an annual tech spend of more than $15 billion, JPMorgan Chase is dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase is available at www.jpmorganchase.com.

JPMorgan Chase in the U.K.
With a legacy dating back to 1799, JPMorgan Chase has a track record of demonstrating leadership during times of both economic growth and financial instability. The firm employs approximately 22,000 employees throughout the U.K. and is committed to operating a healthy and vibrant company that plays a leading role in advancing a sustainable and inclusive economy. JPMorgan Chase works every day to apply its unique expertise, insights, and resources to help address economic and societal challenges facing its clients, employees, and communities.

The firm’s digital bank, Chase, was recently named the Official Banking Partner of the Home Nations football teams, including Scotland. The partnership supports individuals across the U.K. from low income backgrounds – providing them access to fully funded coaching qualifications and free learning tools, helping to develop transferable skills for life on and off the football pitch. Chase is also working to help young people in schools with its National Literacy Trust and Penguin Books partnership. In its third year, the partnership has so far helped more than 107,000 children from underserved communities across the U.K. with improved access to books and libraries. 

Chase was named Best British Bank, Best Current Account, and Best Savings Account, at the 2023 British Bank Awards. It was also named Consumers’ Choice at the Moneyfacts Consumer Awards 2024.