Bank of America Merrill Lynch reviews London HQ requirements

Merrill-Lynch-Finance-Centre,-2-King-Edward-StreetBank of America Merrill Lynch is reviewing its London office location with a requirement of circa 500,000 sq ft.

The US banking giant currently occupies the 585,000 sq ft office complex at 2 King Edward Street, EC1, on a lease expiring in 2022.

The building was purpose-built for the bank less than 20 years ago.

Norges Bank Investment Management bought the block from Singapore sovereign wealth fund GIC for £582.5m in 2014.

The bank has significantly consolidated its London offices in