UBS to Leave Another City of London Office
- Swiss bank won’t renew its lease on property at 1 Golden Lane
- Firm has been consolidating staff at Broadgate headquarters
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UBS Group AG plans to give up another office building in the City of London, the firm’s latest move to reduce surplus space in the capital.
The Swiss bank won’t renew its lease on 1 Golden Lane when it expires next year, with staff likely to be relocated to its main London base or allowed to work from home, according to people with knowledge of the plan, who asked not to be identified because the information is private.