JPMorganChase announces major investments for Bournemouth campus expansion and youth programs

JPMorganChase announces major investments for Bournemouth campus expansion and youth programs
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Jamie Dimon Chairman and Chief Executive Officer, JPMorganChase | JPMorganChase

JPMorganChase has announced significant investments in its Bournemouth campus and the local community. The company plans to spend between £300 million and £350 million to modernise and expand its site, which currently employs more than 5,300 people. The project will include a new building and upgrades to existing facilities, aiming to create a centre for financial innovation, payments technology, and artificial intelligence. Plans for the expansion will be submitted to local authorities soon.

Jamie Dimon, Chairman and Chief Executive Officer of JPMorganChase, said: “Bournemouth has long demonstrated that there is strong financial services and technology talent outside of London, and we’re proud to be the largest private employer there. Wherever we operate, we believe in making a positive impact, and this long-term investment in a world-class workplace and in local skills development is something the community will truly benefit from.”

The Bournemouth campus is JPMorganChase’s second largest location in Europe, the Middle East and Africa (EMEA) region. Since opening nearly 40 years ago with 650 employees, it now processes about 350,000 transactions daily—totalling over $1 trillion each day—and supports clients in 100 global markets through operations, technology, and client services roles.

The firm also announced a £3.5 million philanthropic commitment over five years to support non-profit organisations focused on helping young people develop skills and access career opportunities in the South West. This forms part of JPMorganChase’s broader £40 million pledge to promote sustainable economic growth across the UK.

Tom Hayes, Member of Parliament for Bournemouth East said: “I’m delighted that JPMorganChase’s latest investment will help more young people build their future here in Bournemouth, rather than feel they have to leave to get ahead. Their continued commitment to the area is a huge boost to our local economy and clearly signals that Bournemouth is a great place to build a future.”

Jessica Toale, Member of Parliament for Bournemouth West said: “JPMorganChase has been a great success story and mainstay in Bournemouth for decades. I am pleased to see the firm’s continued commitment to the town as they move forward with their building plans and their support for building skills and opportunities for our young people locally. Not only does this show that the UK is open for business, it is a huge boost for our economy in the South West.”

As part of its regional investment strategy, JPMorganChase will provide £980,000 in support of Business in the Community (BITC), an organisation working with employers on initiatives such as skills-based hiring and expanding apprenticeship programmes.

Karine Sweeney, Managing Director of JPMorganChase’s Bournemouth site said: “Our success in Bournemouth is down to the great potential of the local workforce. That’s why we’re so heavily invested in the careers of young people in the area – it’s the right thing to do but it also makes good business sense to help nurture the available talent of tomorrow.”

Sue Husband, Executive Director of Community Impact at Business in the Community said: “We know that businesses can play a significant role in helping to tackle barriers to social mobility and providing quality careers in our communities. Through the support of JPMorganChase, we can bring together both the business community and public sector to drive change in hiring practices, moving toward skills-based recruitment in the region.”

JPMorganChase has previously supported Young Enterprise—a national non-profit focused on enterprise education—aiming to connect secondary school students with employers; last year alone saw 2,900 students gain work experience or internships through this partnership.

The company also works with Housing Associations Charitable Trust on training social housing residents for green construction jobs.

JPMorganChase continues its focus on skill-based hiring practices at sites including Bournemouth by recruiting candidates based on abilities rather than degrees or job titles—a model being used at other locations such as Glasgow and Edinburgh as well.

Bournemouth was also home to JPMorganChase's first UK apprenticeship programme for financial services roles; over 600 apprentices have been hired during the past decade with more than 80% securing full-time positions.

JPMorgan Chase & Co., headquartered in New York City with global operations spanning investment banking through asset management services worldwide—including millions of customers served under J.P. Morgan and Chase brands—reported $4.6 trillion assets as of June 30th 2025.

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