(Photo by Flickr user Ryan Keene, used under a Creative Commons license)
After setting up camp on the old grounds of Wilmington’s AstraZeneca complex, JPMorgan Chase is continuing to expand its fintech department and plans to hire more than 1,400 Delawareans.
The company, which bought the complex for $44 million last year and has built the cutting-edge Delaware Technical Center there, has already hired 360 in fintech, according to a story from the Delaware Business Times.
JPMorgan Chase is also investing $200 million for office expansion and and training. The company’s strategy is to increase online and mobile app expertise, according to the Business Times.
“We’re growing in our digital and mobile areas, big data, analytics, data warehousing for our consumer banking and asset management divisions,” said company spokesman Mike Zbranak.
The effort is closely tied with Delaware’s TechHire initiative, and the state is also giving $13.5 million to the company over three years for construction and training assistance.
“JPMC’s investment is one example of how Delaware, with our top quality workforce and fastest broadband speeds in the country, is well-positioned to attract companies in a fast-changing economy that is seeing significant growth in the need for technology-related jobs,” said Gov. Jack Markell.