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 / Insurance/ Estate 66 - Activities auxiliary to financial services and insurance activities 66 - Activities auxiliary to financial services and insurance activities 66 - Activities auxiliary to financial services and insurance activities
400 jobs Number of planned job creations
Announcement Date
12 June 2017
Employment effect (start)
Foreseen end date
12 June 2022
Description
Financial services company Northern Trust plans to create 400 new jobs in Limerick over the next five years. Northern Trust employs around 1,000 people in Ireland. No details have been provided on what types of jobs are being created. The expansion by Northern Trust is being supported by IDA Ireland.
Northern Trust has been operating in Ireland since 1989.
Sources
12 June 2017: RTE
12 June 2017: Silicon Republic.com
Citation
Eurofound (2017), Northern Trust, Business expansion in Ireland, factsheet number 91154, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91154.