CHARLOTTE, N.C. — The Bank of London will create 350 new Charlotte-based jobs by 2026, the company announced Monday.
The bank, which already has its U.S. headquarters in New York, will create a new U.S. Global Platform and Services headquarters in Charlotte, North Carolina. It will be located within One Independence Center at the intersections of Trade Street and Tryon Street in Uptown Charlotte.
Once fully staffed, the bank said they anticipate their total payroll commitment to the region to reach nearly $33 million. In their announcement, the bank did not estimate payscales for individual jobs but did say they expect to hire individuals in the fields of software development, compliance and risk, technology operations, infrastructure engineering, and business operations.
The Bank of London has an 11-year lease on their 40,000-square foot floor at One Independence Center.
“With The Bank of London building its technology hub in Charlotte, we continue to demonstrate that Charlotte is the epicentre of where finance and technology converge," Charlotte Mayor Vi Lyles said in a released statement Monday. "This announcement further builds on our strategic international partnerships, and I look forward to seeing The Bank of London’s growth in our city.”
The announcement means a return to Charlotte for Anthony Watson, who is the chief executive and founder of The Bank of London.
"Without doubt Charlotte has some of the best bank technology and business talent that the US – and the world – has to offer," he said in a statement. "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.”
The Bank of London was founded in 2021 with its headquarters in London, England. It has offices in New York, Charlotte, and Belfast.