Deutsche Bank has announced that it will generate over 700 jobs in Dublin over the coming years.
The German bank, which already employs over 300 people in Ireland, said it plans to significantly grow its operations in Dublin by moving to a new office at Eastpoint Business Park.
The bank, which has had operations in Ireland since 1991, said it aims to create a regional hub and centre of excellence in the city.
Deutsche Bank will start recruiting for the new jobs next year. It plans to hie staff to work in trade finance, cash management and technical and operational roles.
The Dublin expansion is being supported by IDA Ireland.
Commenting on the new jobs, the Minister for Jobs, Enterprise and Innovation Richard Bruton said that today’s news is a huge vote of confidence in the country’s international financial services sector and in the Irish economy.
“International financial services is a key sector targeted as part of the Government’s Action Plan for Jobs. This is a sustainable, export-driven industry where Ireland has developed major strengths and we have put in place important changes to target substantial jobs growth in the coming years,” he added.
Chosen excerpts by Job Market Monitor. Read the whole story at
via Deutsche Bank to create 700 jobs in Dublin – RTÉ News.
Related Posts
Deutsche Bank has announced layoffs and bonus cuts to senior staffs, designed to save €4.5bn (£3.6bn) a year as part of its strategy to revamp businesses and to make the bank more competent. The German bank will also extend payment of deferred bonuses to 150 of its top bosses to five years, and set up … Continue reading »
Deutsche Bank – 1,900 jobs cut
Deutsche Bank said Tuesday it plans to cut about 1,900 jobs, most of them outside Germany, as its earnings fell 46 per cent in the second quarter as the European debt crisis hurt its investment banking and trading activities. The bank, which employs nearly 101,000 people, said about 1,500 of the job cuts will be … Continue reading »
Deutsche Bank to Increase Job Cuts
Deutsche Bank AG (DBK), Europe‘s biggest bank by assets, will cut jobs and review its pay practices to help boost profitability as capital requirements rise and Europe’s debt crisis drags on. “Compensation practices are one important way to achieve … http://www.bloomberg.com/news/2012-09-11/deutsche-bank-plans-more-cuts-in-headcount-pay-to-reach-goals.html




Discussion
Trackbacks/Pingbacks
Pingback: Lloyds / To cut 1,080 jobs | Job Market Monitor - January 28, 2014
Pingback: Nordea Bank AB (NDA) / 2,500 jobs cut is not enough | Job Market Monitor - January 29, 2014
Pingback: Baclays / 400 jobs cut in corporate banking | Job Market Monitor - January 31, 2014
Pingback: Deutsche Bank – New layoffs to come | Job Market Monitor - March 19, 2014