Why does the Central Bank now need so many staff that they require this on top of Dame street, and their other building down around spencer dock.
They must be planning on hiring a rake of people getting paid off from the banks or something. There's no lending going on, deposits are flat. Are they just creating work for themselves to justify their existence or what. That's what we need more of, not.
Central bank also regulates the IFSC and the funds industry.
Both of these are growing rapidly
Chap from bloomberg Dublin was on matt cooper discussing this last night and if I heard correctly stated that the Central bank head count has increased by 250 over the past couple of years, many of whom are dispersed across a number of sites. The current building can't accomodate them. Many recruited are on the regulation side as you suggest.
He also mentioned that there was a bidding process and that the CBI won out over other bidders although AFAICR he didn't mention who these were.