Investment bank Credit Suisse is opening a trading floor in Dublin and will create up to 100 new positions before the end of the year.
The bank is moving part of its Prime Services business, which works with large institutional clients which are investing and trading financial markets, from London to Dublin.
The new positions include 40 trading, risk and capital professionals and 60 support roles.
The project is supported by the Department of Jobs through IDA Ireland.
IDA Ireland’s CEO Martin Shanahan said the news was a very significant announcement in terms of the development of international financial services in Ireland.
“Trading activities have traditionally been exclusively associated with the larger global financial centres and the fact that one of the leading global prime brokers has now selected Dublin as a key hub for this business going forward is highly significant in our view”
Martin Shanahan, CEO IDA Ireland
Founded in 1856 with headquarters in Zurich, Switzerland, Credit Suisse has operations in over 50 countries.
Joe Robbins is co-founder of CareerWise Recruitment. A graduate of the University of Limerick (Degree in Business Studies, 1985), Joe worked in the UK for five years where he specialised in materials management, production management and plant management for a number of companies.
He returned to Ireland in 1992 to become Operations Manager for a Cork-based start-up, FMC Automotive Division which was subsequently taken over by Snap-on Equipment. Joe managed the business re-location of this company to Shannon in 1997 before setting up CareerWise Recruitment in 1999.
He is a committee member of the Chartered Institute of Personnel and Development (CIPD) Mid-West region, and a former Director and Vice President of the Shannon Chamber of Commerce. Joe is former Chairperson of the Sixmilebridge Camogie Club and current Chairperson of the Clare County Camogie Board.
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