A hundred new jobs are expected to be created as a successful share-dealing service expands in Bradford.

T D Waterhouse, which owns the former YorkSHARE business, is set to take a floor of the Aldermanbury building in the city centre, where it plans to create 100 jobs in the next one to two years.

T D Waterhouse has also just bought Leeds-based Dealwise from the Skipton Building Society for £82.1 million. The Skipton paid £3.6 million for Dealwise, which employs 600 staff, in September, 1996.

Much of the £9 million Aldermanbury building is already used as a call centre for JMC, part of the Thomas Cook Group.

YorksSHARE was bought by T D Waterhouse last year. The firm was previously owned by the Yorkshire Building Society. The firm drew up an expansion plan straight away and recruited extra staff.

T D Waterhouse, which deals in shares without offering advice, is planning to grow the Bradford division of the business even more by adding 100 new staff to the 200 it currently employs in Howard House, Bank Street.

The firm has expanded at a rapid rate and is bursting at the seams in Howard House.

Philip Ireland, previously managing director of YorkSHARE and now MD of T D Waterhouse UK which has its headquarters in London, said: "We will be putting some of the staff currently working in Howard House in the Aldermanbury building, keeping some at Howard House and recruiting about 100 people as we expand.

"We are looking to recruit additional people so we will grow within the Aldermanbury building. We are currently taking extra space on a short-term basis in Howard House, which is owned by the Yorkshire."

The deal with the Skipton will make T D Waterhouse the UK's largest share dealer by volume, adding 230,000 customers to its total of 3.6 million in the United States, Canada, the United Kingdom, Australia and Hong Kong.

T D Waterhouse is the world's second largest discount broker and is a subsidiary of the Toronto Dominion Bank.

Bharat Masrani, executive vice-president of T D Waterhouse Group, said: "We are confident that this acquisition will firmly establish T D Waterhouse as the UK's largest share broker."

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