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Morgan Stanley plans centre in Bangalore

Mumbai, December 23, 2013, PTI:
American investment bank Morgan Stanley will be opening its third outsourcing centre in the country in Bangalore next year. Reuters file

American investment bank Morgan Stanley will be opening its third outsourcing centre in the country in Bangalore next year.

The bank started its first Global In-House Center (GIC) in India in 2003. It has two such facilities in Mumbai, where it has people handling functions across technology and data, operations, fund services, finance and other specialised areas.

The US financial firm’s total headcount in the country, including at the two GICs and in MS India, stands at 1,800, a statement from the company said.


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