Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Citing HB2, Deutsche Bank freezes 250-job expansion in Cary (NC)
WRAL ^ | 2/12/2016 | Evan Matsumoto & Matthew Burns

Posted on 04/12/2016 9:35:45 AM PDT by RightGeek

Deutsche Bank on Tuesday announced that it will freeze plans to create 250 jobs at its Cary location due to North Carolina's new discrimination law, House Bill 2.

The announcement on the company's website said the statewide legislation "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."

[snip]

In September 2015, the bank announced its plan to add the 250 jobs through 2017 and invest $9 million there through the end of this year. North Carolina agreed to provide about $3.3 million in incentives for the expansion.

In a statement, Deutsche Bank's Co-Chief Executive Officer John Cryan said, "We take our commitment to building inclusive work environments seriously. 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 US expansion plans for now. We very much hope that we can re-visit our plans to grow this location in the near future.”

(Excerpt) Read more at wral.com ...


TOPICS: Culture/Society; News/Current Events; US: North Carolina
KEYWORDS: economy; hb2; northcarolina
Navigation: use the links below to view more comments.
first 1-2021-25 next last

Saved the NC taxpayers some money.

Besides Deutsche Bank has more than few problems with solvency - https://marketrealist.com/2016/02/investors-nervous-deutsche-banks-solvency/

1 posted on 04/12/2016 9:35:45 AM PDT by RightGeek
[ Post Reply | Private Reply | View Replies]

To: RightGeek

Deutsche Bank on Tuesday announced that it will freeze plans to create 250 jobs at its Cary location due to North Carolina’s new Law enforcing the teachings of ISLAM and The QURAN regarding Homosexuality.

There Fixed it.


2 posted on 04/12/2016 9:39:00 AM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

I can see a lot of ways in which a retaliation against this bank can be done in this war. Let us see if the NC government has assets or financed products and lands linked to Deutsche and divest.

This is a case for secession. That being said, I am sure Deutsche is fine killing Israel and dining with Saudis ultimately. Hypocrits.


3 posted on 04/12/2016 9:39:17 AM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

exactly. Please NC stay strong!!

The US has gone mad.

When these companies get hit with the lawsuits from rape and video and molestation victims, they might change their minds.

Can someone please say “The King has no Clothes!!”

ANY republicans out there saying that?!?!

I would love for Trump or Cruz to say it’s ABSURD.

Plus now I have to watch Tombstone again.


4 posted on 04/12/2016 9:40:33 AM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

Do they do business in Saudi arabia?


5 posted on 04/12/2016 9:46:16 AM PDT by DesertRhino ("I want those feeble minded asses overthrown,,,)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek
Well poop.. Was "Leftist Repellent" really this easy all along? d;^)

I'm hoping our state .gov critters don't get stoopit on this and start backtracking. Hopefully they line up behind Mr Forest and make a stand.

I'm soooo friggin sick of caving to these progressives. It never stops. Proof positive of why ya just can't giv'em that first piece'o'cheese.

6 posted on 04/12/2016 9:46:46 AM PDT by CopperTop
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

The New York City carpetbaggers have ruined Charlotte as it is.


7 posted on 04/12/2016 9:47:27 AM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek
"We take our commitment to building inclusive work environments seriously."

Except when they exclude NC and normal people. Hypocrites.

8 posted on 04/12/2016 9:48:18 AM PDT by rjsimmon (The Tree of Liberty Thirsts)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

https://www.db.com/mea/en/content/1634.htm

In April 2006, Deutsche Bank’s presence was established in the Kingdom of Saudi Arabia with the opening of a branch in the capital, Riyadh.

Obviously they support the wholesale EXECUTION OF HOMOSEXUALS!


9 posted on 04/12/2016 9:54:12 AM PDT by eyeamok
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek
Deutsche Bank launches revolutionary Sharia Compliant Issuance Platform
10 posted on 04/12/2016 9:57:17 AM PDT by Vince Ferrer
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

They are hypocrites of the highest order!
Deutsche Bank’s commitment in the MEA region is more than a century old, beginning with the Bank’s financing of the construction of the Baghdad railway.
Deutsche Bank opened its first representative office in Cairo in 1959, followed by two branches in Karachi and Lahore in the sixties. In 1976, Bahrain Representative Office was established along with another branch in Islamabad in Pakistan in 1996.
In 1999, Deutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in the UAE’s Capital Abu Dhabi in 1999, followed by two offices in Dubai: a representative office inaugurated in 2001 and a branch at the Dubai International Financial Centre (DIFC) in 2005.

In April of 2006, Deutsche Bank opened a branch in the Kingdom of Saudi Arabia, in the capital Riyadh. In November of 2007, Deutsche Bank opened its branch in the Qatar Financial Centre in Doha.

The opening of Deutsche Bank AG Abu Dhabi Branch in 2010 further demonstrates the bank’s commitment to the UAE market, with a particular emphasis on its Global Transaction Banking (GTB) division.


11 posted on 04/12/2016 9:58:51 AM PDT by Harpotoo
[ Post Reply | Private Reply | To 1 | View Replies]

To: RightGeek

If you are a Cultural Conservative, your allies in the Economic Conservative contingent have just thrown you under the bus. No reason to vote to protect their interests anymore, cause they sure as hell aren’t protecting yours.


12 posted on 04/12/2016 10:04:17 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: JudgemAll

All these corporations who are offended by states like NC and Mississippi enacting minimal protections for religious freedom should be prohibited from doing business in, or selling products in, those states. Let’s take them at their word. Let’s not let them take our money.


13 posted on 04/12/2016 10:08:22 AM PDT by Steve_Seattle ("Above all, shake your bum at Burton.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: RightGeek

As recently as five years ago, virtually no state or municipality had laws pertaining to transgender use of bathrooms. Now, the failure to have a law allowing it places you beyond the pale of polite society. This is how “progressivism” works.


14 posted on 04/12/2016 10:10:52 AM PDT by Steve_Seattle ("Above all, shake your bum at Burton.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve_Seattle

Indeed, Deutsche is going to surffer if the Uk does the Brexit in Europe. Maybe NC can help finance it!


15 posted on 04/12/2016 10:11:40 AM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Steve_Seattle
All these corporations who are offended by states like NC and Mississippi enacting minimal protections for religious freedom should be prohibited from doing business in, or selling products in, those states.

Unfortunately the Commerce Clause actually WAS intended to prevent this.


16 posted on 04/12/2016 10:12:28 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 13 | View Replies]

To: Steve_Seattle

Indeed, they spin freedom in inquisition by government. Deutsche should be mandated to pay for the damn special bathrooms and not force this cheap mixing


17 posted on 04/12/2016 10:13:00 AM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
[ Post Reply | Private Reply | To 14 | View Replies]

To: JudgemAll

Kasich is all for it. DB is in with Kasich on this one.

Nasty scenario. The election runs through ohio.


18 posted on 04/12/2016 10:29:19 AM PDT by fooman (Get real with Kin Jung mentally Ill about proliferation)
[ Post Reply | Private Reply | To 3 | View Replies]

To: DesertRhino

Yes, they have a Branch in Saudi.


19 posted on 04/12/2016 11:22:41 AM PDT by Oldexpat
[ Post Reply | Private Reply | To 5 | View Replies]

To: DesertRhino

Yes, they have a branch in Saudi.


20 posted on 04/12/2016 11:23:38 AM PDT by Oldexpat
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-25 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson