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Deutsche bank news jacksonville

deutsche bank news jacksonville

Building Amenities Upgrade: Upgrades to two existing buildings on the Meridian campus in Jacksonville, FL. The main components of this amenities upgrade. As one of the top commercial landscaping companies in Jacksonville, Rockaway, Inc. is proud to have been selected for design, installation, and maintenance of a. Deutsche Bank held their ribbon cutting ceremony yesterday, August 9th , in honor of their expansion in Jacksonville, Florida. Deutsche Bank's now.

watch the thematic video

Long-term careers growth at Deutsche Bank

Deutsche Bank lured staff to Florida. What comes next is secret

Even city hall had no information to offer. Mayor Lenny Curry hasn't been informed of any cuts in town "at this time," spokeswoman Nikki Kimbleton said late Monday.

Career Choices

The fate of Deutsche Bank's staff in Jacksonville is of particular interest to members of the US financial industry because many professionals have faced similar career choices in recent years. To cut costs, Wall Street banks are "near-shoring" legions of jobs to cities far outside New York — such as Salt Lake City, Nashville, Tennessee, or Austin, Texas.

The pitch is that paychecks go further in those places, buying waterfront homes and covering private school tuition. The catch is that it might be a one-way career move. If a Wall Street professional gets laid off far outside New York, there may be few, if any, competing firms to join.

Over a decade, Deutsche Bank expanded from an initial staff of in Jacksonville to roughly 2, people, including some in trading functions and other investment banking businesses. Its sprawling campus there features an artificial pond surrounded by manicured lawns and palm trees. Some employees snapped up homes in the neighbourhood to eliminate once-hectic commutes. Others bought properties closer to the Atlantic shore.

The German bank now ranks amid American firms as the city's deutsche bank news jacksonville financial-industry employer. It might make sense for the lender to keep its presence there as it focuses anew on lowering costs. JaxUSA Partnership, a division of the local chamber of commerce, estimates that a financial analyst in Jacksonville makes about $US68, compared with $US, for the america vs tigres en vivo position in New York.

City's Strength

Even if the firm does cut local staff, Jacksonville has persuaded a variety of other companies since the financial crisis to build out their presence, taking advantage of the cheaper labor market, lower rents, desirable weather and non-existent state income taxes. Among the firms in Jacksonville today are Bank of America, Citigroup, JPMorgan and Wells Fargo, as well as the health, information technology and manufacturing industries.

So if Deutsche Bank retreats, some of those firms may need the talent it leaves behind. To be sure, many mainly employ staff in back-office roles, including accountants and lawyers. Trading staff may have a harder landing.

The city's economy, though, is strong enough to weather even the loss of a large portion of Deutsche Bank jobs, assuming the office doesn't close altogether, said Jacksonville University economist Carol Dole.

"No matter what happens to Deutsche Bank, Jacksonville is going to be able to handle whatever changes occur," she said.


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Deutsche Bank Renovations and Tenant Improvements

Multiple phased renovations and interior buildout on occupied office campuses

Gilbane provided construction management at-risk services for the phased build-out of Deutsche Bank’s trading department and mission critical facility, including renovations at BuildingBuildingButler Buildings II & III, Building Management System Replacement, the Global Technology Command Center, and Gate Parkway. Work proceeded within this active corporate office with a focus on after hours work on nights and weekends to avoid disruption.

Building The mission critical facility scope of work included installation of new UPS circuits and data to 60 new desks and re-feeding all critical trader desks with new data and power. A new data room was built with new redundant cooling units. The scope of work also included interior demolition, several mechanical unit additions, multiple critical HVAC unit additions with redundant controls, light fixture installation, interior finish installation and multiple interior storefront and door systems.

Building Amenities Upgrade: Upgrades to two existing buildings on the Meridian campus in Jacksonville, FL. The main components of this amenities upgrade scope included installation of infrastructure and finishes for a full-size kitchen, event space, servery, dining areas and outdoor patio to accommodate the surrounding buildings. Work was performed in close proximity to neighboring investing buildings for the duration of this two-phase project.

Butler Building II:  Interior demolition and construction in several areas throughout three floors, specifically all 20, SF on the third floor and about 10, SF deutsche bank news jacksonville the second floor. Work entailed painting, cleaning carpets, 60 KvA UPS installation, mechanical unit installation, data center re-build, data room deutsche bank news jacksonville, interior finishes, acoustical modifications and casework and kitchen additions.

Butler Building III:  Work was performed throughout all four floors with the installation of a new UPS system and installation of two refurbished 8-ton CRAC 8 Units that were installed on the first floor to serve the MTR room which received new low voltage cabling and racks. The project scope included interior demolition and construction in several areas throughout all four floors, re-wiring desk, painting, UPS installation, mechanical unit installation, appliance and water line installation, data center demolition and re-build, interior finishes and casework additions.

BMS Replacement:  Installation of a building control and automation system to connect to all mechanical equipment throughout 4 buildings. The project allowed for the mechanical system to be controlled from one office rather than having to visit each space to adjust set points.

Global Technology Command Center:  Interior fit-out of an existing office space into the Deutsche Bank Global Technology Command Center. The project consisted of focused demolition and reconstruction work in the 14, SF space while the existing space was segregated by a 6-inch sound defining partition wall which allowed for daytime work and cost savings. We worked through the entire building during different phases included carpet replacement, multiple complete kitchen renovations, bathroom renovations as well as providing new lighting, ceilings, interior walls, level five finishing and cabinetry.

Gate Parkway:  Gilbane provided preconstruction and construction phase services to renovate approximatelySF in a newly acquired building. The new farmers state bank cedar rapids allowed Deutsche Bank to decommission spaces in two other existing buildings in Jacksonville and consolidate their operations into the new location. The new space also provided Deutsche Bank with an opportunity for future growth. The project included a phased delivery where phase I included preconstruction services as well as an initial enabling effort to provide security segregation with the existing tenant. Phase II included the renovation and fit-out to the third floor. After the existing tenant relocated, phase III included renovation and fit-out of the remaining two floors.

Client Value

The team performed multiple electrical shut-downs which were required to install new UPS circuits, electrical modification as well as the installation of new mechanical equipment to the new stand-alone data rooms. We coordinated and worked directly with the building owner to minimize disturbances and downtime during unit shutdowns.

Work was completed in approximately 60% of the building through various stages of the project. The work performed in active environments was done during off hours to minimize disturbances.

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  • Источник:

    Deutsche Bank Warns 50% Of NYC Bankers Might Be Headed To Jacksonville In Latest Cost Cuts

    As Deutsche Bank continues with the biggest blood-letting on Wall Street since the collapse of Lehman Brothers, managers are reportedly planning to move thousands of Manhattan-based associates, often those with the most important front-office-type jobs in sales and trading.

    Ever since DB moved to expand its presence in the Americas during the late ss, thousands of young employees, from interns to first-year analysts, have flocked to places like Murray Hill and other parts of Manhattan to work at the city's investment banks, and generally live the young banker lifestyle of late nights out at bars on the lower east side and hooking up with wannabe model types at the clubs and bars that dot (or rather, once dotted) the East Village and the LES.

    In the post-COVID era, many of these analysts might be sent to other more cost-effective parts of the country where Deutsche Bank already has a "presence", according to DB Deutsche bank news jacksonville CEO Christiana Riley, one of the highest-ranking women on Wall Street.

    Riley told the FT that the NY head count could "conceivably" be cut in half in 5 years (a pretty aggressive time table). The bank currently has roughly 4, staff in Manhattan, which means some 2, could soon be reporting to DB's offices in Jacksonville Fla., long considered a dumping ground, where the bank houses its compliance department. According to media reports, the bank's compliance workers in the city have long been treated "lower than janitors" by a bank that's become almost synonymous with criminal malfeasance (an impression that has only been strengthened, as unfortunate or undeserved as that might be, by the endless MSM reporting on the bank's lending relationship with the Trumps.

    The FT specifically cites the Jacksonville office, along with another office in Deutsche bank news jacksonville, North Carolina, as likely destinations for these displaced workers. The British paper also noted that NYC has been  losing financial services jobs to cities like Dallas and Tampa for years, but that the pandemic, with its radical experiment in remote work, will likely accelerate the process.

    Florida seems to be a hot spot for financial workers, thanks to the warm climate and (more importantly) low taxes. Goldman Sachs is also reportedly moving its workers to the Sunshine State. And numerous hedge funds and family offices flock to the state for the tax advantages.

    The cost cuts will help DB's US investment bank hit its target for 11% return on equity byup from 9% projected this year. That 11% target was first unveiled during CEO Christian Sewing's big cost-cutting initiative announced last summer in the wake of the bank's failed tie up talks with Commerzbank. Sewing reiterated the target during the bank's investor day a week ago.

    Unfortunately, pretty soon, instead of spending summers, and then their first post-grad years, living it up in the big city "Young Money"-style, the bank's incoming analysts will be kicking it in the Jacksonville swamp, a city that, despite its size, is probably best known as the hometown of rap-metal legends "Limp Bizkit".

    What's the point of working all those 7-day, + hour weeks if you can't experience the thrill of being 23 and living in a flex double somewhere east of Lexington?


    Deutsche Bank Jobs in Jacksonville &#; Exchange SME

    Job Description:

    The Exchange SME/Operations Specialist will join the electronic product deutsche bank news jacksonville (EPC) service operations team. You and the team are responsible for the day-to-day support of the end user&#;s platform for the Bank&#;s global email, productivity, and collaboration environment. In addition, you and the team will work closely with the other platform towers such as mobility, desktop, voice systems, unified communications, and audio visual. You will oversee the daily operation and maintenance of the EPC infrastructure. Your main tasks will include analyzing issues, request fulfillment, incident management, resolution of issues and conflicts, proactive improvements and automation within the environment, and running reports and attending meetings.

    Job Responsibilities:

    • Management and support of the Exchange environment to include both vendor and on premise
    • Tracking the implementation of resolution tasks, collecting, interpreting, and responding to changes in production data, and providing regular reporting to management
    • Proactively engaging major incident management and maintaining effective communication with stakeholders during downtime events
    • Providing input and contributing to all product or service-related audits
    • Producing process documentation and knowledge base articles to include &#;how to&#; guides
    • Implementing new initiatives and acting as coordination point for projects, taking ownership where necessary to ensure successful transition into production

    Job Requirements:

    • Relevant work experience to include working with Exchange and related infrastructure as L2/L3 and familiarity with Exchange, Agile, and SDLC tools and processes
    • Previous experience working in an email service environment and hands on experience with Exchange server patching
    • Working knowledge of IT applications, network infrastructure technology, and the application of security components and corresponding interfaces
    • Proven experience TCIP/IP networking, PowerShell, and troubleshooting with Exchange Online in Office

    Job Details:

    Company: Deutsche Bank

    Vacancy Type:  Full Time

    Job Location: Jacksonville, FL, US

    Application Deadline: N/A

    Apply Here

     Report JobИсточник:

    Deutsche Bank considering 40% permanent work-from-home policy



    Home / Companies / News /  Deutsche Bank considering 40% permanent work-from-home policy

    1 min read.Updated: 24 NovPM ISTBloomberg
    • Deutsche Bank is still waiting for lawmakers in several countries to finalize new remote-work legislation
    • The lender is just one of many across Europe that have been reassessing how much work from home they will still have once office lockdowns on the back of the pandemic are over, with some Dutch banks anticipating a rate of as much as 50%

    Deutsche Bank AG is weighing a new policy that would allow most employees to permanently work from home two days a week as the lender draws lessons from the coronavirus pandemic.

    Germany’s largest lender has been discussing the changes for several months and the two-days rule has emerged as the preferred scenario, people familiar with the matter said. Some regulatory questions still need to be answered and any policy won’t be applied uniformly to all staff, the people said, asking not to be identified discussing the private information.

    Deutsche Bank is still waiting for lawmakers in several countries to finalize new remote-work legislation, one person said. It’s also not clear yet how to deal with issues including enforcing confidentiality in a private setting, and such regulatory concerns will likely result in diverging policies for some staff and some countries, the people said.

    Chief Executive Officer Christian Sewing previously said Deutsche Bank will increase the amount of work employees can do from home, as the lender seeks to offer more flexibility and cut down on real estate costs. The new work model is expected deutsche bank news jacksonville make a significant contribution to an ambitious savings target he unveiled last year.

    “As publicly known, we are exploring what positive lessons Deutsche Bank can learn from the Covid crisis about how we work as a bank in the future," Christine Peters, a spokeswoman for the bank, said by email. “We are working on a hybrid model that will combine working from home as well as in the farmers state bank cedar rapids. No decision has been made yet."

    Deutsche Bank has already begun cutting office space as it plans for fewer staff at the office. The lender is just one of many across Europe that have been reassessing how much work from home they will still have once office lockdowns on the back of the pandemic are over, with some Dutch banks anticipating a rate of as much as 50%.

    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

    Never miss a story! Stay connected and informed with Mint. Download our App Now!!


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