JPMorgan Chase & Co Chief Executive, Jamie Dimon met with Taoiseach, Leo Varadkar in Dublin yesterday to discuss expansion in the Irish capital two months after the U.S. investment bank bought an office building in the city with room for 1,000 staff.
In May, the bank said it plans to hire a significant number of people in Dublin for its expanding custody and funds services businesses over the next three years, as it focuses its European Union operations in Dublin, Frankfurt and Luxembourg after Brexit leaves its largest European office, in London, outside of the bloc.
A spokesman for Varadkar confirmed the meeting took place but declined to comment further. JPMorgan currently employs 450 people in Ireland in its Custody & Fund Services, Investment Banking, Payments and Treasury Services business.
Speaking yesterday, JPMorgan Chase & Co Chief Executive, Jamie Dimon said, "I met with Prime Minister Varadkar today to discuss our plans to grow J.P. Morgan's business over the next several years. Ireland is at the forefront of training its workforce to keep up with the latest developments in technology and business innovation, and the country has a global, open environment that will keep it economically competitive." (Reuters)
Source: www.businessworld.ie