The Bank of London is planning to open a major office in Charlotte, N.C.
The bank said in a press release that it will expand its U.S. footprint by opening a global platform and services headquarters that will employ 350 people. The office should open by 2026.
The jobs include software development, compliance and risk, technology operations, infrastructure engineering and business operations. The Charlotte area estimated that the effort should boost annual payroll by nearly $33 million, or $94,000 per job.
Bank of London has already signed an 11-year lease in downtown Charlotte.
“Without doubt Charlotte has some of the best bank technology and business talent that the U.S. – and the world – has to offer,” Anthony Watson, Bank of London’s group chief executive, said in the release.
“I spent some of the happiest years of my working life in Charlotte when employed by Wachovia Bank,” Watson added.
Bank of London opened in November 2021. Based in London, it has offices in New York, Charlotte and Belfast.