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PRIVACY
Economic Development

City's immense talent pool 'exciting factor' in Deutsche Bank deal

Choice to come to Birmingham was more than just about property says business partner who conducted hunt for new home

The refurbished Five Brindleyplace, soon to be the home of Deutsche Bank

One of the senior figures behind Deutsche Bank's decision to move to Brindleyplace said she was excited by the 'immense talent pool' among Birmingham's graduates and professionals and this helped to cement the decision to take a base here.

Kathryn Harrison, º£½ÇÊÓÆµMEA business partner and a member of the team which conducted a review of its global operations, also said the bank was able to feel like "more than just an employer" here as it prepares to open a massive new operation.

The German bank, which currently has staff based in Baskerville House and One Brindleyplace, is due to move into 134,000 sq ft of office space in Five Brindleyplace in July after signing a 15-year deal to take the entire building.

The deal, , is expected to double its 1,000-strong workforce in the city, a stark contrast from the 30 staff it had when it launched here in 2006.

She said: "What's exciting about Birmingham is the talent pool here. When we looked into what's actually available in the market, we were really surprised by the quality and depth of the skill sets we could tap into.

"Five Brindleyplace is effectively an integrated service centre for us so we're looking for legal, financial, engineering and IT skills - the full spectrum of things which would support a large investment bank.

"We've been very successful in hiring for our trading function and we will be the largest trading bank in Birmingham.

"One of the really nice things is we're managing to attract the city's alumni which, maybe historically, has had to leave Birmingham for places like London to have those careers in the financial services.