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Investec takes over

BANKING and investment group NCB has been renamed as Investec following the acquisition of NCB by the Investec Group.

The rebrand comes less than one year after the deal, which was one of the largest recent financial services inward investments.

Over the next two months, all 120 staff currently based at the IFSC will be moving on a phased basis to The Harcourt Building, Harcourt Street.

And an additional 10 London-based Investec employees will join Investec's Irish operation. This will bring the total number of Investec specialists based in Ireland to 230.