Real Estate

Wells Fargo completes purchase of London HQ

US bank will start moving its 1,200 London staff into 33 King William Street later this year

33 King William Street
33 King William Street

US bank Wells Fargo has completed its purchase of a landmark London office, a deal it announced only weeks after the UK voted to leave the European Union.

The bank said it has finalised the purchase of 33 King William Street from developer HB Reavis and will start moving about 1,200 employees from four of its London offices into the new building in the fourth quarter of this year.

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