JPMorgan to Open Bigger Amsterdam Office After Desk Shortage

JPMorgan Chase & Co. will soon open a new office in Amsterdam after an expansion in the region coupled with the bank’s stricter return-to-office mandate left the biggest Wall Street lender short of desks in the Netherlands.

The move into a larger space in Amsterdam’s World Trade Center became “necessary” after JPMorgan’s push to bring employees back into the office five days a week, said Wendy Hohmann, the newly appointed head of the bank’s Dutch business and one of the few female investment banking leaders in Europe.