NEW YORK CITY-After mulling a move to anchor 3 World Trade Center in Lower Manhattan, investment bank UBS AG is staying put in Stamford, CT. With the help of financial incentives, the company signed a five-year agreement with the State of Connecticut to keep 2,000 employees in the state.

The decision comes on the heels of a review of the bank’s real estate requirements in the Tri-State area, and will include minor staff relocations between Stamford and its two current Manhattan locations at 1285 Ave. of the Americas and 299 Park Ave.

“We are pleased that we will maintain a substantial presence in Connecticut,” says Phil Lofts, CEO of UBS Group Americas, in a statement. “The partnership between UBS and the state has helped build stronger communities and exemplified both parties’ commitment to the economic vitality of the region,” he says. The company’s 103,000-square-foot trading floor is among one of the largest in the local area.

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