The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
100 jobs Number of planned job creations
Announcement Date
28 March 2022
Employment effect (start)
28 March 2022
Foreseen end date
31 December 2022
Description
The US American bank JP Morgan has annouced it will expand the workforce in Frankfurt am Main from currently 600 to 700 employees by the end of the year 2022. The company declared that the growth is partly caused by relocations from the post-Brexit City of London and partly encompasses completely new positions in the process of concentrating EU business in a single entity in Frankfurt. The bank already started hiring, among others, asset managers, private and commercial bankers, as well as investment bankers.
Eurofound (2022), JP Morgan Germany, Business expansion in Germany, factsheet number 106525, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106525.
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