Banks flocking to North Carolina

Deutsche Bank has settled on North Carolina , specifically the Research Triangle area, as the ideal site for a new bank technology hub. The company aims to start a new unit, DB Global Technology, that will develop software to be used elsewhere by the bank, the Raleigh News and Observer reports. The bank plans to move into temporary quarters in weeks and plans to hire more than 300 workers over five years.

Credit Suisse already has a technology center in the area and Fidelity is building a one. The big draw apparently, is the abundance of skilled, technical workers--from the area's several universities--and generous state incentives. We've seen various locales be embraced by banks. Another example is Arizona's desert, which has struck many as ideal for data centers, given the abundance of energy, a lack of natural disasters and fewer weather-related risks. 

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