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Deutsche Bank reviews Canary Wharf presence

Exit or reduction in floorspace would mark latest retreat from docklands office district
Deutsche Bank subleases 11 floors in Clifford Chance’s building at 10 Upper Bank Street, Canary Wharf, London

Deutsche Bank is reviewing its presence in Canary Wharf in a move that could result in the German lender quitting the east London financial district altogether or shedding a third of its space.

People familiar with the discussions said the bank would either leave its premises at 10 Upper Bank Street in Canary Wharf when its current lease expires in 2028 or cut back its space in the building, where it has maintained an outpost for close to a decade.

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