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Fortune 50 company located its EastCoast headquarters in Charlotte. Thebank also has its largest U.S. tradinghub in Charlotte, with 1,500 employeesworking in its new trading center.Bank of America Corp., the nation’ssecond-largest bank, has its worldheadquarters in Charlotte, employing15,000 people regionally. Through itsoperations in more than 40 countries,Bank of America serves clients withservices ranging from investmentand corporate banking to investingand equity execution services.Charlotte continues to attract financialservices and insurance companies tothe area. GMAC Financial Services, nowAlly Financial, announced 200 jobs atits Charlotte corporate center in 2009.Ally Financial now employs 550 peoplehere in finance, marketing, informationtechnology and related areas. In 2010,Citco Fund Services announced 258new jobs in financial services back officepositions. With 800 employees at twolocations in Charlotte, LPL Financial LLCannounced in 2012 that it would add75 to 100 technology jobs by the end of2013 with plans for additional growthin the coming years. In 2013, MetLifeInc. revealed plans to establish a hubin Charlotte for its U.S. retail business,creating more than 1,300 jobs in the city.Other significant companies in financialservices and insurance in the Charlotteregion include TIAA-CREF with 3,500employees; Allstate Insurance with1,425 employees; The Vanguard Groupwith 1,200 employees; CitiFinancialwith 1,100 employees; and AXAEquitable with 670 employees.Energy Sector VisionLeads to GrowthIn 2009, Duke Energy, along withbusiness and community leaders, began aneffort to reshape a portion of the region— the energy sector. The plan involvedgrowing Charlotte into a major nationalplayer in the energy industry by increasingmanufacturing and energy researchand promoting training for professionalengineers. Known as the nation’s NewEnergy Capital, the Charlotte region nowboasts more than 200 companies in thepower cluster, supporting nearly 25,500 jobs.After its merger with Progress Energyin 2012, Duke Energy, a Fortune 150company headquartered in Charlotte,became the nation’s largest electricpower holding company. With 7,700employees in the Charlotte region and57,700 megawatts of electric generatingcapacity, the company delivers energy toapproximately 7.2 million U.S. customers.Since 2008, more than 100 firms announced4,050 jobs in the energy industry. Whilenot all of those companies are majoremployers, there have been a few significantadditions to the energy sector. In 2009,Westinghouse Electric Companyopened an office in Charlotte in responseto growth in the nuclear energy business.The company now employs 120 peoplein Charlotte. In 2010, less than threeyears after establishing a nuclear powerpresence in uptown Charlotte, CB&I(formerly Shaw Group), announced 225new jobs, primarily in engineering. CB&Inow employs 1,200 people in Charlotte.Since 2009, Siemens Energy hasannounced several projects in Charlotte.Siemens Energy Inc. announced 226 jobs in2009, and in 2010, the company relocatedits gas turbine manufacturing operationsand nuclear instrumentation and controlgroup to Charlotte. Siemens now employs1,800 people in the Charlotte area.4Major Employers Directorycharlottechamber.com