100 jobs to be created in Dublin by Credit Suisse
Investment bank Credit Suisse is to open a trading floor in Dublin and will hire up to 100 staff here before the end of the year.
The bank is to take on 40 trading, risk and capital professionals and 60 support roles as it begins offering brokerage, financing and securities lending from Dublin for clients around the world.
The bank said that the new Dublin operation will handle the trading, capital and risk management for the business while the salespeople and relationship managers will remain in London due to client proximity.
Tim O’Hara, chief executive of Credit Suisse global markets, said: “This marks a first for Ireland and for Credit Suisse.
“The broad talent pool and efficiencies that the capital city has to offer made the decision to deploy operations in Dublin an easy one. Today’s opening further demonstrates our ongoing commitment to continue optimally serving our clients.
“We have made considerable investment in infrastructure and technology, all of which will help enhance our client offering.
Taoiseach Enda Kenny opened the new trading floor and said that “It represents a strong endorsement of Ireland’s reputation as a leading location for international financial services.”
The investment is also supported by IDA Ireland.
