Wales' financial services sector has seen the creation of over 1,000 jobs across a broad range of industry-leading businesses, in the last year.
ING Direct, Picture Financial and Credit Services Europe have set up operations in Wales, whilst Lloyds TSB Insurance, Zurich, Admiral, Principality and HSBC are expanding operations in Wales, jointly creating 1,000 new jobs.
Rhian Williams, sector marketing manager, financial & business services at the WDA, said: “The financial services sector has been going from strength to strength across South East Wales for quite some time and we are delighted that the big-name businesses continue to locate core functions here. We look forward to further expansion and job creation in the next twelve months.”
Financial services companies frequently cite the key benefits of Wales to be the availability of quality staff, low attrition rates, high productivity and efficiency – the key foundations for profitable business.
