Bladewatch.com

Finextra

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.

Interesting, I wonder what range of innovations and developments we will see resulting from this announcement, and if there will be a specific focus on specific technologies such as grid/virtualization or web etc.

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