Santander International is expanding its operations on the Isle of Man which will see a number of new jobs created locally.
Following a strategic review, the company is proposing to move the remaining operational roles it has in Jersey to the Island, which would create 13 roles within the organisation.
The company has confirmed all its staff have been notified of the changes, which will see its workforce on Manx shores rise from 62 to 75.
Managing Director of the Isle of Man Branch, James Geldart, says: "The proposal to move all of our operational roles to the Isle of Man demonstrates our investment in the island and our confidence in the local market to build a talented workforce."
FSA releases new progress report on financial crime defences
Changes planned for how government-run companies prepare accounts
New business guide deals with stopping WMD financing
Office space up for rent at Ronaldsway Airport
Have your say on the future of the Island's economy
Port St Mary hosts first business support drop-in session today
Government releases guidance for businesses ahead of vape tax
Survey shows low approval rating for Island clothing shops