Bank drops plans to add 250 jobs in Cary, cites HB2 - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Bank drops plans to add 250 jobs in Cary, cites HB2

Deutsche Bank logo (Source: Associated Press) Deutsche Bank logo (Source: Associated Press)
  • House Bill 2More>>

  • HB2 opponents remind of loss of All Star Game

    HB2 opponents remind of loss of All Star Game

    Monday, February 20 2017 12:39 AM EST2017-02-20 05:39:56 GMT
    (John Sparks | WBTV)(John Sparks | WBTV)
    As NBA All Star Weekend in New Orleans winds down, people in Charlotte are left wondering what could have been. Groups against the controversial law, House Bill 2, gathered outside the Spectrum Center Sunday to voice their opposition, after the law caused the NBA to pull this year's All Star Game out of Charlotte. "How many games are we going to lose, because we can't get this fixed," said Noah Barrow, a part-owner of the Mellow Mushroom in Uptown. Barrow, as we...More >>
    As NBA All Star Weekend in New Orleans winds down, people in Charlotte are left wondering what could have been. Groups against the controversial law, House Bill 2, gathered outside the Spectrum Center Sunday to voice their opposition, after the law caused the NBA to pull this year's All Star Game out of Charlotte. "How many games are we going to lose, because we can't get this fixed," said Noah Barrow, a part-owner of the Mellow Mushroom in Uptown. Barrow, as we...More >>
  • SC economic developers keeping an eye on HB2 fallout in NC

    SC economic developers keeping an eye on HB2 fallout in NC

    Thursday, April 7 2016 5:12 PM EDT2016-04-07 21:12:50 GMT
    Wednesday, January 18 2017 12:22 PM EST2017-01-18 17:22:48 GMT
    (WBTV graphic)(WBTV graphic)

    In Lancaster County, Indian Land has long been attracting companies interested in the Queen City market. Groups discussed HB2 during a meeting with other stakeholders at the Charlotte Regional Partnership.

    More >>

    In Lancaster County, Indian Land has long been attracting companies interested in the Queen City market. Groups discussed HB2 during a meeting with other stakeholders at the Charlotte Regional Partnership.

    More >>
  • ACC championships return to NC, Charlotte gets extension on football championship

    ACC championships return to NC, Charlotte gets extension on football championship

    Wednesday, April 19 2017 11:52 AM EDT2017-04-19 15:52:02 GMT
    WBTV graphicWBTV graphic

    The Atlantic Coast Conference (ACC) has announced that conference championships will return to North Carolina following the repeal of House Bill 2 - starting with the football championship in Charlotte.

    More >>

    The Atlantic Coast Conference (ACC) has announced that conference championships will return to North Carolina following the repeal of House Bill 2 - starting with the football championship in Charlotte.

    More >>
CARY, NC (WNCN) -

Deutsche Bank announced Tuesday that it will freeze plans to create 250 new jobs at its Cary, North Carolina, location, the company said in a news release.

The bank said its decision was “due to state-wide legislation enacted in North Carolina on March 23 that invalidated existing protections of the rights of lesbian, gay, bisexual and transgender fellow citizens in some municipalities and prevents municipalities from adopting such protections in the future.”

“We take our commitment to building inclusive work environments seriously,” said John Cryan, co-chief executive officer of Deutsche Bank. “We’re proud of our operations and employees in Cary and regret that as a result of this legislation we are unwilling to include North Carolina in our U.S. expansion plans for now. We very much hope that we can re-visit our plans to grow this location in the near future.”

The company said it currently employs approximately 900 people at its software application development center in Cary and plans to continue at that level.

The company had announced Sept. 22 it would add 250 jobs in Cary through 2017.

Copyright 2016 WNCN. All rights reserved.

Powered by Frankly