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Deutsche Bank to hire 300 in Jacksonville

Posted: June 24, 2013 - 3:35pm

Deutsche Bank will hire 300 new employees to its Jacksonville location over the next three years, the bank and Gov. Rick Scott announced Monday.

The bank will also spend $10 million in capital improvements.

Deutsche Bank had promised both of those figures earlier this year when it sought and received $2.1 million in city and state incentives. The average salary would be $62,063, the bank said at the time.

“The jobs Deutsche Bank is creating in this next phase of expansion are exactly the types of jobs that we have been targeting for the region,” said Jerry Mallot, president of JAXUSA Partnership. “Many of these jobs are sophisticated finance positions that have traditionally only existed on Wall Street. Deutsche Bank is one of many financial services companies that have found a highly qualified workforce in Jacksonville with operating costs that are much lower than the Northeast.”

Check back with and Tuesday's Times-Union for more details.

Comments (6)

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Attaboy 06/25/13 - 02:32 am
Premium Member
I'm sure Mayor Alvin and his

I'm sure Mayor Alvin and his stooges will be taking full credit for this. My guess is that the bank would be announcing the creation of a thousand or more jobs if it weren't for that moron in the Mayor's office!!! Just sayin'...

drobins7 06/24/13 - 10:20 pm
Yes let's all get upset that

Yes let's all get upset that the city is helping to bring in real, HIGH PAYING jobs. These are not just grocery baggers or gas station attendants they are bring to the table. This should help infuse some additional money into the local economy.

philiplivingston1 06/24/13 - 07:27 pm
“Many of these jobs are

“Many of these jobs are sophisticated finance positions that have traditionally only existed on Wall Street..."

Hilarious! 300 jobs over 3 years for 'sophisticated financiers' - the people who drove us into this mess to begin with.

The Novak Effect
The Novak Effect 06/24/13 - 07:00 pm
Governor Scott has become the

Governor Scott has become the spokesperson for corporations.

Liberty Seeker
Liberty Seeker 06/24/13 - 05:43 pm
Premium Member
What about the PUBLIC

What about the PUBLIC INVESTMENT these companies receiving corporate welfare are supposed to be giving the community???

Why isnt the city looking out for the community???

Its in Ordinance ... there is supposed to be PUBLIC INVESTMENT!!!

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