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Article: US Investment bank Morgan Stanley to establish key service center in Hungary.
- Article from:
- Hungary Business News
- Article date:
- July 18, 2006
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US Investment bank Morgan Stanley to establish key service center in Hungary
BUDAPEST. JULY 18. INTERFAX CENTRAL EUROPE - New York-based investment bank Morgan Stanley is to devolve key services away from its London and New York offices when it sets up a 450-strong business center in Budapest by the end of 2006, the company announced at a press conference in the Hungarian capital Tuesday.
"This is a historic time for Morgan Stanley. This is a strategic and long-term decision to situate the office in Budapest ... It will be a big part of our future at Morgan Stanley. The center will represent 5% of our accountable work force," said Eileen Murray, Morgan ...