Daily Record Financial News &
Wednesday, August 10, 2016
Vol. 103, No. 193 • Two Sections
35¢ www.jaxdailyrecord.com
Deutsche Bank should reach 2,800 jobs
By Karen Brune Mathis Managing Editor Deutsche Bank CEO John Cryan, saying he was thinking of a commitment Tuesday, sees the possibility for about 1,000 more jobs in Jacksonville. “As a result of opening this new building, the second half of our campus here in Jacksonville, we have capacity for about 2,800 people, and I think we should fill that,” he said, eliciting strong applause from a crowd at a ribbon-cutting. “Why not?” he asked. Mayor Lenny Curry sees the possibility, too.
“I have a high level of confidence Deutsche Bank will continue to invest in Jacksonville,” he said after a ceremony to mark the opening of the bank’s renovated building at 5201 Gate Parkway. Cryan, Curry, Gov. Rick Scott, JAXUSA Partnership President Jerry Mallot and Leslie Slover, Deutsche Bank regional head in Jacksonville and in Cary, N.C., all spoke Tuesday at the event. The 5201 building is near the bank’s main campus at 5022 Gate Parkway. Together, the two sites comprise 350,000 square feet of office space. About 800 people moved to the 5201 building and more are on the way.
Beware of click-bait in email
Deutsche Bank says it has 1,800 employees in Jacksonville. Cryan said both campuses can accommodate up to 2,800 people, although he had no timeline for those longer range plans. He also sees Jacksonville’s role as strong within the global bank’s footprint. Based in Germany, Deutsche Bank’s main U.S. office operations are in New York, but Jacksonville is the next largest presence. Having taken the reins July 1, 2015, Cryan, who is British and based in Frankfurt, Germany, said it took him a while to visit Jacksonville’s campus. Deutsche continued on Page A-3
Photo from Wes Lester/City of Jacksonville
CEO says Jacksonville site is a global role model
From left, JAXUSA Partnership President Jerry Mallot, Deutsche Bank CEO John Cryan, Mayor Lenny Curry, Deutsche Bank Regional Head Leslie Slover and Gov. Rick Scott cut the ribbon to open the bank’s expansion at 5201 Gate Parkway.
HabiJax residents seek help
Data may be held for ransom
But money approved for another project
By Max Marbut Staff Writer
Public
Photo by Kevin Hogencamp
It can’t hurt you if you don’t open it, but if you do open it, it can put you out of business. “It” is an innocent-looking link in an email that might look like a free gift card to a popular restaurant or a magazine subscription. Actually, it could be ransomware – a malicious attack on a computer system that can deny the owner access to data until a ransom is paid, often demanded in “bitcoin,” an online currency that can be used to make anonymous purchases and crosses international boundaries without going through a bank or any form of regulation. The scam has been around for a while. Jacksonville attorney Thomas Brown was a victim in December. Mulholland After he discovered all of the firm’s data was encrypted – and therefore useless – he made arrangements to pay the $2,500 ransom in exchange for a “key” that would return to him custody of his digital property. In July, The Florida Bar notified its nearly 90,000 members they were the target of a ransomware attack. The Bar concluded someone was able to obtain a list of members’ email addresses, said Whitney Ray, spokesman for the state attorney general. The email, purportedly from state Attorney General Pam Bondi, said a complaint had been filed against the recipient and included instructions to click on a link to view the details. The email was not from Bondi, however, and clicking the link could allow the malicious software to be downloaded. The scammers were depending on human nature, said Sean Mulholland, a Ransomware continued on Page A-3
By David Chapman Staff Writer
Creating fun on the job A Harvard University and Harvard Law School graduate, Jacksonville Jaguars Senior Vice President Megha Parekh is the organization’s chief legal officer. She also is responsible for human resources, employee development, information technology, and office services. See what’s in her workspace on Page A-7.
legal notices begin on page
A-12
Published
for
For months, residents of Fairway Oaks have sought relief of some kind from City Council. Their Northwest Jacksonville community of 85 homes was a local Habitat for Humanity build project in 2000, but issues have since arisen, such as splits in the foundations, cracks in the walls as wide as a pencil and shifts in cabinetry and flooring. Residents claim it’s because of shoddy work and a lack of due diligence before the community was built. Their calls for action have grown louder in recent weeks as council decided to approve more than $2.6 million in federal grants for other affordable housing programs. Close to $840,000 of that would go to HabiJax to build homes in the New Town community. Brown That didn’t sit well with residents and some council members. Until the Fairway Oaks issues have been resolved, they’ve said, more funding shouldn’t be handed over to the nonprofit for other projects. “Fairway Oaks homes were built on a bad foundation,” said council member Reggie Brown. Yet, council was in an awkward spot Tuesday. The federal funding had to be approved in its entirety — they couldn’t simply deny HabiJax’s portion. Council member Sam Newby said the Fairway Oaks situation was “horrible” but that he couldn’t “punish everybody” when it came to funding projects. Ultimately, council members went ahead with the full $2.6 million appropriation by a 16-3 vote, with Brown, Katrina Brown and Reggie Gaffney voting in opposition. Council
26,993
continued on
Page A-4
consecutive weekdays