Pope Francis vowed on Saturday to end the “repugnant” sexual exploitation of children by Catholic clergy as he made a highly-charged visit to once devout Ireland where years of reported abuse have driven many Irish away from the Church.
An estimated twenty European Union countries are expected to submit bids to provide a new home for two agencies that will be relocated from the UK after Brexit. The European Banking Authority (EBA) and European Medicines Agency (EMA), based in Canary Wharf in London, employ just over 1,000 staff between them.
The Bank of America announced Friday that Dublin will be the new base for its European Union operations following Britain’s decision last year to split from the EU. Brian Moynihan, CEO of the Charlotte-based bank, made the announcement during a trip to the Irish capital city. It becomes the latest large U.S. bank in recent weeks to disclose plans for continuing to serve clients in EU countries following the so-called Brexit vote in 2016.
JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.