Bank Of America will be moving their EU HQ to Dublin post Brexit.
Dublin will be just one of the European cities that the Wall Street giant will be moving the business to in light of the Brexit action.
Bank of America's CEO Brian Moynihan told Financial Times (via RTE) on Friday that the new HQ will be adding to the 700 jobs that the bank already employs here, between their city centre and Leopardstown offices already in the city.
Moynihan stated that "Dublin is the home to more of our employees than any other European city outside the UK."
https://twitter.com/davidmcw/status/888677930632695809
"We already have a fully licensed and operational Irish domiciled bank which combined with Ireland's strong commitment to business and economic growth makes Dublin the natural location to consolidate our legal entities as we transition."
From the back of this news, there has already been major speculation that the move will result in potentially hundreds of new jobs for the bank.
This is in addition to the likes of Citibank, Barclays and Morgan Stanley, who have all announced this week that they plan to expand upon their Irish operations post-Brexit.
Clover and Sweet Pea can’t wait to meet you Britain’s first-ever capybara cafe is opening its doors at the end of 2025. We’ve heard of cat, dog and rabbit cafes, but imagine sipping your cappuccino with the world’s largest rodent at your feet. Closely related to the loveable guinea pig, capybaras are super sociable and […]
Brought to you by Visa. As Visa’s She’s Next Grant Programme opens for applications, we caught up with Alison McGrath, one of last year’s winners. Ireland is home to so many incredible women-owned businesses, and one programme that is platforming these inspiring entrepreneurs is Visa’s She’s Next Grant Programme. The programme offers these entrepreneurs the […]
In paid partnership with Visa. An incredible opportunity awaits Irish business owners. At Her, we make no secret of our love for independent businesses, and we’re particularly proud to back women-led companies. However, we also know that when starting off it’s not always easy. Securing funding can seem daunting, and it might be tricky to […]
