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Against the backdrop of continuing gloomy financial news, an Isle of Man-based bank has announced 18 new jobs.
They are in HSBC's International Ex-patriate Business branch, and will be based in Ridgeway Street, Douglas.
The posts are being switched from Jersey and mainly local staff will be recruited.
Area Manager Mike Hennessy told Marian Kenny the Isle of Man was seen as the best location for the expansion:
Work underway to 'get confidence back in the economy'
Chief minister says concern over finances based on 'more sentiment than actual evidence'
Energy and food security "two most important things", says MHK
Douglas North's John Wannenburgh believes these are the two main components that will determine the Island's survival
Gatwick drop-off fee rises again
Heads up for Manx air passengers travelling to London
Isle of Man inflation holds steady at 2.8 percent in November
Food, hospitality and education costs continue to rise, while falls in energy prices help offset pressures
