Deutsche Bank plans to open a technology development center in Wake County and create 319 jobs during the next five years.
The German bank will receive a state grant worth up to $9.4 million if it meets hiring milestones, Gov. Beverly Perdue's office announced today. It wasn't immediately clear where the facility will go, but Cary officials are scheduled to meet tonight to approve additional incentives.
The new jobs at DB Global Technology will pay average annual wages of $88,213, more than double the Wake County average of $43,160.
Economic development officials have strived to attract more financial services jobs to this region, in an effort to broaden the employment base.
Credit Suisse has a technology operation in Research Triangle Park that employs more than 800. And Fidelity is building a campus in RTP. Both companies were lured partly by state incentives packages.