Deutsche Bank opens second office in St. Petersburg

By Andrei Skvarsky

Deutsche Bank, Germany's largest bank, has opened a second office in St. Petersburg, a facility that will house an information technology unit.

The greater part of the new office space, rented for a team of Deutsche's Global Technology Capital Markets (GT CM) in the Severnaya Stolitsa business centre, is in use already and the rest will be ready for employees to move in in September. The office will have a total of 95 work stations initially but the bank plans to hire more software developers for the office this year, Deutsche said in a press release.

Igor Lojevsky, Deutsche's chief country officer for Russia and the CIS, described the opening of the second office as “a sign that underlines the stable position of Deutsche Bank on the Russian and international markets”.

Deutsche has recently started hiring bankers again after many of it personnel were lured to rival institutions in Moscow.

By Andrei Skvarsky Deutsche Bank, Germany's largest bank, has opened a second office in St. Petersburg, a facility that will house an information technology unit. The greater part of the new office space, rented for a team of Deutsche's Global Technology Capital Markets (GT CM) in the Severnaya Stolitsa business centre, is in use already and ...