Home > Ireland > JP Morgan will grow Dublin hub

JP Morgan will grow Dublin hub

Written by Robert McHugh, on 7th Jul 2017. Posted in Ireland

article headline

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
 

More articles from Ireland

image Description

State Street Opens New Kilkenny Office

Read more
image Description

Vodafone Ireland announces 120 jobs and €35m investment

Read more
image Description

Infineon Technologies to create 100 Irish jobs

Read more
image Description

Buymedia to create 100 jobs in Galway

Read more
image Description

Accenture Opens New Generative AI Studio in Dublin

Read more