Morgan Stanley to open new global in-house centre in Bangalore

Written by fe Bureau | Bangalore | Updated: Dec 27 2013, 14:03pm hrs
Global financial services firm Morgan Stanley on Thursday said that it will open a new global in-house centre (GIC) next year in Bangalore.

The centre will carry outfunctions across technology and data, operations, fund services, finance and other specialised work that complement the company's GICs in Mumbai, it said.

Bill Strong, Morgan Stanleys co-CEO Asia Pacific, said, We have reviewed global options for building a new GIC that can provide a critical mass of employees to support our global functions and see value-add in expanding our teams in India.