Canary Wharf is a major business district located in Tower Hamlets, London, United Kingdom. It is one of London’s two main financial centres – along with the traditional City of London – and contains many of the UK’s tallest buildings, including the second-tallest, One Canada Square.
Canary Wharf contains around 14,000,000 square feet (1,300,000 m2) of office and retail space, of which around 7,900,000 square feet (730,000 m2) is owned by Canary Wharf Group. Around 90,000 people work in Canary Wharf and it is home to the world or European headquarters of numerous major banks, professional services firms and media organisations including Barclays, Citigroup, Clifford Chance, Credit Suisse, Infosys, Fitch Ratings, HSBC, J.P. Morgan, KPMG, MetLife, Morgan Stanley, RBC, Skadden, State Street and Thomson Reuters.
Canary Wharf is located in the West India Docks on the Isle of Dogs in the Borough of Tower Hamlets in East London. The West India Docks once formed part of the busiest port in the world. After the docks were closed in 1980 the British Government adopted various policies to stimulate the redevelopment of the area, including through the creation of the London Docklands Development Corporation in 1981 and granting the Isle of DogsEnterprise Zone status in 1982. In 1987 the Canadian company Olympia and York agreed to construct a major office development on the Isle of Dogs, with construction commencing in 1988.
Canary Wharf is also the home of Lehman Brothers (Europe) (in Administration).