HSBC creates 250 extra jobs
20/06/2008(16:54)
HSBC is to invest £14 million in the creation of an extra 250 jobs at its premises in Newport, Wales.
The posts, along with 200 existing jobs which have been safeguarded by the bank, will be based at a new customer service centre.
Alan Jarman, HSBC's chief executive for Wales, said the investment reflects the increasing trend for customers to bank online and over the phone.
HSBC decided to open the customer service centre in Newport due to its "skilled local workforce", he added.
Ieuan Wyn Jones, deputy first minister, of the Welsh Assembly government, which backed the move, remarked: "The fact that HSBC chose to invest in Wales - rather than competing locations - is a tribute to the quality of the existing workforce and a significant boost to the local economy and to the Welsh financial services sector."
Meanwhile, Fidelity FundsNetwork, which claims to be the leading UK funds supermarket, recently called for apprenticeships to be created in the Independent Financial Advisor sector, IFAOnline reports.
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