US investment bank JP Morgan has bought a landmark office building in Dublin in a significant boost for the Irish capital as European cities rush to lure financial institutions away from London following the Brexit vote.
The new office can accommodate 1,000 staff compared to the 500 staff it currently employs.
The JP Morgan expansion is the latest development among big banks based in London. Several have said they will need to relocate some operations and staff to other cities in Europe to keep functioning inside the EU as before.
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