Deutsche Bank May Quadruple Irish Fund Admin. Operation

Jul 1 2013 | 1:19am ET

Deutsche Bank is poised for a massive build-up of its hedge fund administration business in Ireland.

The German firm plans to set up a huge new administration office in Dublin, adding as many as 1,000 jobs in the city, the Irish Independent reports. Deutsche Bank’s current Irish administration business employs 310 people.

Deutsche Bank, which has had a hedge fund administration office in Dublin since 1998, is looking for a new home for the much larger operation. The Independent reports it is eyeing locations in Dublin’s Docklands area, near the former home of the defunct Anglo-Irish Bank, which was purchased last year by the Irish Central Bank.

IDA Ireland, the county’s industrial development agency, would not say whether or not it was in talks with Deutsche Bank.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR