Rivalry with Raleigh intensifies as capital city cashes in on banking

Rivalry with Raleigh intensifies as capital city cashes in on banking (access required)

Searching for a place to build a technology-development center in 2009, Deutsche Bank AG considered various cities, including Charlotte, Raleigh and Maryland. Unfortunately for Charlotte, the Germany-based investment bank picked Cary, a town just outside Raleigh in Wake County. In August 2009, Deutsche Bank said the project would result in a $6.7 million investment and the creation ...

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