Two more banks eyed after JPMorgan move

Hopes are pinned on luring two more US investment banking giants to Ireland in the coming weeks, as global banks decide on new homes outside London following Brexit.

Morgan Stanley and Bank of America Merrill Lynch are now heavily tipped to move at least some jobs out of London into Dublin, according to market sources.

After multiple reports over several weeks, Wall Street giant JPMorgan confirmed it was setting up at least part of its home in Ireland and is buying a 130,000 sq ftbuilding, which is under construction in the Dublin docklands.