EMCC European Monitoring Centre on Change

Deutsche Bank

Company/Organisation:
Deutsche Bank

Geographic Location

Country: Ireland
Region: Dublin; Southern and Eastern

Company

Sector: Financial services
Financial and insurance activities
66 - Activities auxiliary to financial services and insurance activities
Number Employed: 650

Employment Effects

Announcement Date: 11-09-2016
Type of Restructuring: Business expansion
Employment Effect Start: 11-09-2016
Planned Job Creation: 165

Additional Information

Deutsche Bank are creating 165 technology roles with a new data laboratory called 'The Hive'. The Bank has 40 data jobs ready to be filled, with another 125 roles to follow to support its Global Markets and Corporate and Investment Banking divisions. Deutsche Bank employs 650 people at its Eastpoint Business Park location in Dublin.

The Hive is described as helping the Bank to enhance its ability "to comply with regulatory requirements, further strengthen controls and reduce costs."