CEEFAX 2 110 Thu 17 Sep 17:58/35
1,000-JOB CARDIFF BANK SCHEME CONFIRMED
The Welsh Office has announced plans
for a major American bank to create
1,000 jobs in Cardiff.
Welsh Secretary Ron Davies said Bank
One international would set up its UK
headquarters in the Cardiff Bay area.
The bank is one of the largest issuers
of Visa and Mastercard cards in the US.
Mr Davies said he thought the £60m move
would act as a magnet to other
financial institutions who would also
chose Wales for new developments.
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