While the work-from-home movement has emptied some offices in Center City, software engineers and financial-product managers keep arriving. Two of the nation’s largest banks have lately announced they are expanding new-product centers here.
in Center City, software engineers and financial-product managers keep arriving. Two of the nation’s largest banks have lately announced they are expanding new-product centers here:
And TD Bank Group, based in Toronto, has turned half of its U.S. subsidiary’s 15-year-old University City branch into an “innovation lab,” says its leader, Colleen Duke, who grew up in Burlington County. That’s mostly because they base national accounts at offices in the Wilmington area, where they can benefit from Delaware’s low taxes and liberal lending laws.
The office is accessible to suburban and city transit lines a few blocks away and by pedestrian tunnels. “Being in the city will give us a great presence point,” convenient to city neighborhoods and suburban trains, Michelini said.
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