Offshoring Enters New Phase
FRONT PAGE: NEWS ANALYSIS
LONDON—Offshoring is moving into a more mature, stratified phase as evidenced by the plans—recently made public—of several major global investment banks.
In what is increasingly seen as a trend among investment banks, Morgan Stanley is slated to open a research and IT service center in Hungary, a bank official confirms to DWT. The new center based in Budapest is expected to employ 400 staff members, according to Hungarian press reports last week.
Across the Atlantic, Deutsche Bank is set to move
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