Deutsche Bank to open North Carolina tech centre

Deutsche Bank to open North Carolina tech centre

Deutsche Bank is set to open a technology development centre in Wake County, North Carolina, creating 319 jobs over the next five years.

The bank's new DB Global Technology subsidiary, which provides software application development and maintenance services, is investing $6.7 million in the new centre.

The bank selected the Wake County site after North Carolina's Economic Investment Committee awarded it a job development investment grant. The grant could be worth up to $9.4 million to the bank over 11 years if job creation, wages and investment commitments are met.

The new jobs will pay an overall average wage of $88,213, not including benefits, significantly higher than the Wake County average of $43,160.

Anthony McCarthy, global CIO, capital markets technology, Deutsche Bank, says: "We are extremely excited at the prospect of opening a professional IT development centre in the Research Triangle, which is home to some of the most highly skilled technology talent."

Governor Bev Perdue, adds: "This new centre is a great fit for North Carolina. We are a strong international competitor in both the information technology and financial sectors. Our reputation for excellence in these areas, combined with a dedicated workforce and a top business climate, continues to attract quality global companies such as Deutsche Bank."

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