Question to the Department for Business and Trade:

To ask His Majesty's Government what discussions they have had with the Bank of America about establishing a new Belfast operations facility, and what assessment they have made of the benefits that investment will have on the Northern Ireland economy.

The UK Government has been working with Bank of America over several years to support their growth in the UK.

Recognizing Northern Ireland’s offer as an investment destination, DBT officials - both in the UK and North America - held a succession of meetings with Bank of America leadership to facilitate an announcement ahead of the State Visit.

This significant investment cements Northern Ireland’s role in the global financial services sector, boosting growth and delivering high value, skilled roles for the people of Northern Ireland.