Scott announces Deutsche Bank expanding in Jacksonville

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JACKSONVILLE, Fla. - After the slight rise in unemployment last month in Duval County, it was reassuring news to hear Gov. Rick Scott announce Monday one of the largest banks in the world is expanding its footprint in Jacksonville.

Deutsche Bank, on the Southside, will expand its investment banking division, the governor announced during a stop at the bank's Gate Parkway location.

This will mean 300 additional jobs for the state and more than $10 million in capital for Jacksonville over the next three years.

The governor says it's because of companies like this one that Florida businesses are turning over a new leaf.

"Deutsche Bank coming in here and saying we can do it better, we can serve our country better, we can do it less expensively, we can provide great service," Scott said. "And we're doing this all across the state."

Since 2008, Deutsche Bank has created more than 1,000 high-quality jobs.

Currently, banking represents the fourth-largest industry in Florida.

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