Industry & Business

IDA Ireland welcomes JP Morgan’s expansion announcement in Dublin

 Breaking News
  • Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant [...]...
  • Irish Technology Sector Has Overtaken Agriculture With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech [...]...
  • 2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over 1,000 visitors from across the major industrial sectors in Ireland to the Citywest Hotel, Dublin, on Wednesday, March 14th. The visitors who braved the inclement weather were able to meet with the key organisations that are [...]...
  • Dunnes Stores Comes Out on Top of a Growing Grocery Market The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 25 February 2018, show continued positive momentum among Irish supermarkets, with growth hitting 3.9%. David Berry, director at Kantar Worldpanel, comments: “Shoppers have spent an additional €96 million on groceries over the latest 12 weeks compared to last year and two [...]...
  • New Irish Peer-to-peer Energy Trading Research Project Using Blockchain Technology Imagine a future where Irish consumers will be able to gift or sell their solar power across their neighbourhood as well as sharing and managing their own electricity in a myriad of new ways. EnerPort, a new project launched at the recent International Energy Research Centre (IERC) Annual Conference, aims to accelerate peer-to-peer energy trading [...]...

IDA Ireland welcomes JP Morgan’s expansion announcement in Dublin

IDA Ireland welcomes JP Morgan’s expansion announcement in Dublin
May 23
09:00 2017

IDA Ireland has welcomed JP Morgan’s announcement that it will be expanding its operations significantly in Dublin. The global financial services company has been in Ireland since 1968 and currently employs 500 people here. The company is to acquire a 130,000sq ft building in the heart of Dublin’s docklands in a move that will provide the US investment bank with the capacity to double its Irish work force to 1,000.

Minister of State for Financial Services Eoghan Murphy TD said: “This expansion on already significant Irish operations by JP Morgan is a welcome vote of confidence in the strength of Ireland’s offering and Dublin’s status as a major European financial centre.  It further adds to the increasing depth and diversity of our financial services sector. It also reflects the increasing importance of Ireland as a gateway into the Single Market. I look forward to continuing working with our State Agencies in implementing the Government’s IFS 2020 Strategy.”

Martin Shanahan, CEO IDA Ireland said: “I am delighted to welcome the news that the largest investment bank in the world will be significantly expanding its footprint in Ireland. JP Morgan is a global leader in the financial services industry operating in over 100 countries across the world. The new office building will greatly enhance JP Morgan’s current presence in Ireland and afford it both the space and flexibility to meet its future growth plans.”

“Today’s announcement by JP Morgan represents a strong vote of confidence in Ireland and its expanding international financial services sector, and shows that our track record, pro-business environment, highly skilled talented workforce and an unwavering commitment to the European single market continues to appeal to investors.”

“IDA has been constantly engaged with J.P. Morgan over the past number of months. We are delighted that the company has selected Dublin to grow some of its businesses and confirmed in recent weeks that our capital city will be one of the anchors for their post-Brexit European operations.”

“Currently, there are over 400 international financial services companies employing over 40,000 people in Ireland. At home and through our network of global offices.”

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4