A place of your own

Developers used to put up offices for banks on a speculative basis. Now banks' requirements have become too specialized for this to work. In the late 1990s building boom in London, the trend is for the major houses to design their own. Philip Eade reports on the many projects underway.

A good index of confidence in London’s future as a financial centre is the number of banks currently employing architects. True, many banks in New York are also refitting their premises, speculative bank buildings are going up in Shanghai, and there are mini booms in construction in the Netherlands and in central and eastern Europe, but few of these match the scale of “bespoke” financial building in London.

Paribas moved its entire London operation into new tailor-made red-brick accommodation in the west-end district of Marylebone in March.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access