Financial services firm to set up HQ in Dublin

Updated: 15:51, Wednesday, 15 June 2011

A financial services firm is setting up a new company headquartered in Dublin, which, it says, has the potential to deliver 50 new jobs.

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A financial services firm is setting up a new company headquartered in Dublin, which, it says, has the potential to deliver 50 new jobs in the next two years.

BNY Mellon already employs more than 1,800 people in Dublin, Cork, Wexford and Navan.

The new company, called BNY Mellon Clearing International, will clear futures and derivatives trades on behalf of the bank's clients in Europe, the Middle East and Africa.

The new jobs will be in the areas of finance, risk management, technology, operations, sales, compliance and legal.

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