US investment bank JPMorgan is creating a further 200 software design and development jobs at its European Technology Centre (ETC) in Glasgow over the next two years.
The centre currently employs 700 IT staff who designs and develop financial IT systems for JPMorgan's investment banking and asset management divisions around the world.
JPMorgan, which is the third largest bank in the US, will receive £3 million in regional assistance for the expansion of the Glasgow centre from Scotland's governing body, the Scottish Executive.
It's the second time this year that JPMorgan has extended the centre. The US bank created 100 new IT jobs at the Glasgow facility in January this year and received a £1.5 million regional assistance grant from the Scottish Executive.
Commenting on the latest news, Paul Murphy, CEO, JPMorgan Scotland, says: "Our operations in Glasgow have gone from strength to strength in recent years, and thanks to the continued support from Scottish Development International and its parent organisations, The Scottish Executive and Scottish Enterprise, we have been able to employ some of the most talented, highly skilled software technologists and engineers in the country."