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A photo illustration depicting two different House Bill 2 rallies. On the left: LGBT and pro-equality North Carolinians call for the repeal of HB2 on April 25, 2016 at the old state capitol building in Raleigh, NC; on the right: supporters of House Bill 2 gather outside the same building on April 11, 2016. It’s been a year since House Bill 2 advanced through the North Carolina General Assembly. The law requires people to use public bathrooms that correspond with the sex listed on their birth certificate. The so-called bathroom bill is an intersection of gender identity, religion, politics and power. “A State Divided: HB2 and Transgender Rights,” takes a look at the unintended consequences this complicated chapter in North Carolina history continue to present.00000177-6edd-df44-a377-6fff44f60001Reporters: Jess Clark, Jason deBruyn, Rusty Jacobs, Jeff Tiberii, Jorge ValenciaMusic: Robin CopleyPhotos: Matt Couch, APEditors: Elizabeth Baier, Dave DeWitt, Brent WolfeHost & Executive Producer: Elizabeth BaierEditor’s Note: On March 30, 2017, legislators in the North Carolina General Assembly passed a measure that repealed House Bill 2. For full coverage, visit our HB2 archive here. For a closer look at how HB2 impacted North Carolina, click on the stories below.

HB2 In Rearview, Credit Suisse Will Bring 1,200 Jobs To RTP

Credit Suisse will add 1,200 jobs in Research Triangle Park
Credit Suisse
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Flickr

Financial services giant Credit Suisse will add 1,200 new jobs in North Carolina and invest more than $70 million at its Research Triangle Park campus, the company announced Tuesday.

In a deal worked with Gov. Roy Cooper's administration, the company will be eligible for up to $40 million in tax credits through the state’s Job Development Investment Grant (JDIG) program. Under the program companies receive tax credits only if certain performance and investment benchmarks are met.

Salaries will vary by position, but taken together, the average salary for these new positions will be more than $83,000, according to Credit Suisse, well above Wake County’s average of less than $54,000.

At a press conference to celebrate the jobs announcement. Credit Suisse USA president and CEO Eric Varvel criticized House Bill 2, the controversial bathroom bill that was repealed earlier this year. "We opposed HB2, which was at odds with these core values," Varvel said. "While it was on the books, we chose to halt our expansion plans in the state and consider other options."

In Depth: A State Divided: HB2 And Transgender Rights

Varvel went on to say that even the repeal wasn’t ideal. "We realize the recent repeal of HB2 contains some compromises, and while not perfect, it is an important first step that re-establishes the minimum conditions for us to expand our presence in the state," he said.

The new jobs will include in finance, IT and other critical corporate functions.

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