Deutsche Bank Expands JAX Footprint
Deutsche Bank's biggest U.S. office outside of Wall Street is getting a little bigger. The bank officially celebrated the opening of its new 150,000 sq. ft. office at 5201 Gate Parkway on Jacksonville's Southside.
With this move, the bank's local footprint has expanded to more than 350,000 sq. ft.
It's been a little over eight years since Deutsche Bank first selected Jacksonville for an initial global technology and operations center that employed 1,000. Since then, the bank has seen significant growth and has evolved into a multifaceted, high-tech center with more than 1,800 employees. Job functions today include operations roles as well as investment bankers and traders who have only traditionally worked on Wall Street. Several years ago, the bank led the way in transitioning these positions away from the financial sector's historic roots in Manhattan.
Today, Deutsche Bank's growth is helping position Jacksonville as an emerging finance and banking powerhouse, according to the Financial Times. It's one of the top 10 largest full-service investment banks in the world and holds a place on Fortune's Global 500 list.
Photo Caption: Jerry Mallot, JAXUSA; John Cryan, Deutsche Bank CEO; Mayor Lenny Curry; Leslie Slover, Deutsche Bank Regional Head of Jacksonville and Cary, NC; and Governor Rick Scott
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