Deutsche Bank opened its expanded campus in Jacksonville, Florida. The company plans to create 350 new jobs and will invest more than $10 million in the Jacksonville community over the next two years.

The financial organization employs more than 1,800 Floridians. Jacksonville is home to Deutsche Bank’s second largest office in the United States and represents the majority of the company’s business and infrastructure functions.

Leslie Slover, Regional Head of Jacksonville and Cary, North Carolina, for Deutsche Bank said, “A key part of our global strategy is to optimize Deutsche Bank’s geographical footprint, and we’re pleased that Jacksonville continues to be a core location in this initiative. With the leasing of 5201 Gate Parkway, we are expanding our local presence, and we’ll now have the ability to increase our capacity and build a more extensive and comprehensive operation in Jacksonville.”

Governor Rick Scott said, “Deutsche Bank could have chosen to invest in any of its other locations across the world but recognized that our commitment to cutting taxes and creating a business-friendly environment makes Florida the best place to succeed.”

Partners in the expansion include the Florida Department of Economic Opportunity, JAXUSA, the City of Jacksonville and Enterprise Florida.

Crystal Sircy, Executive Vice President/COO of Enterprise Florida, said, “More and more, financial leaders like Deutsche Bank are establishing and expanding their operations in Florida. Our state has the workforce and global access companies need to grow and we’re excited to see another expansion here. We thank Deutsche Bank for their continued commitment to Florida.”

Jacksonville Mayor Lenny Curry said, “Since coming to Jacksonville in 2008, Deutsche Bank has become an important player in one of our economy’s fastest growing sectors – financial services. With the opening of this new facility, we are demonstrating Jacksonville’s growing commitment to recruiting and supporting global leaders in the financial services industry. I am delighted to have Deutsche Bank continue their commitment to and presence in our city, bringing 350 new jobs to our citizens.”

“Over the past eight years, Deutsche Bank has grown from a back office operation to a multi-facetted, high-tech center that even houses trading jobs traditionally only found on Wall Street. The bank’s growth has helped position Jacksonville as an emerging global financial powerhouse where opportunities are continuously fueled by unlimited possibilities and innovation," said Jerry Mallot, President of JAXUSA Partnership.