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US firm creates 300 Limerick jobs
06 Mar 2015 11:11
US financial services firm Northern Trust is to create 300 jobs over the next three years at its Limerick office.
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It is the company’s second jobs announcement over the last three years. Northern Trust's Limerick operations are now expected to reach more than 1,000 employees by the end of 2017.
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The company, which was founded in Chicago in 1889, provides investment management, asset and fund administration and banking services in 18 US states and 16 international locations.
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It currently has assets under investment management of $934.1 billion.
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Northern Trust has had a presence in Ireland since 1989 and opened its Dublin office in 2000.
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In 2011, the company announced it would cut 220 jobs from its Dublin offices and up to 50 more between its Belfast and London operations.
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Taoiseach Enda Kenny and Minister for Jobs Richard Bruton made the announcement today.
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The expansion is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
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