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Date updated: 3/01/2024
US and UK financial and professional services: growing together report cover

The US-UK partnership runs broad and deep. We have much in common: shared values, language and cultural ties as well as a strong cooperation on defence and security, mixed market economies and comparable regulatory approaches. This solid foundation creates ample commercial opportunity for financial and professional services (FPS) firms in both countries.

It also makes sense for two highly sophisticated financial services jurisdictions, to collaborate to manage risks and capture opportunities.

The City of London Corporation is establishing an office in the US for the first time. This reflects our commitment to deepen collaboration with a key ally and trading partner.

Now is the time to work together to reduce friction and increase trade through two interconnected levers: policy and investment.

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"As a firm with 200 years of history in London – with the city once counting J. Pierpont Morgan himself among its residents – and with our global headquarters in New York, J.P. Morgan is a truly transatlantic firm. The US-UK economic relationship is one of the strongest in the world, underpinned by a shared mindset across financial and professional services sectors, and the power of London’s ecosystem remains pivotal to our international business model."

Vis Raghavan, CEO of EMEA and Co-Head of Global Investment Banking, J.P. Morgan
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