NASHVILLE, Tenn. (AP) - Investment bank UBS say it is adding 1,000 jobs in Nashville.
Gov. Bill Haslam announced Wednesday that the Swiss bank is investing more than $36 million in the city and adding the new jobs over the next five years.
UBS already employs more than 200 people in two Nashville locations, providing operations support and wealth management services.
Kathleen Lynch, the chief operating officer of UBS Group Americas and Wealth Management Americas, said the new investment will serve as a nerve center to give back office support other services throughout the country.
Officials declined to say what the new jobs will pay, but Nashville Mayor Karl Dean said salaries will be above the city's average.