Deutsche Bank moves work back in house from Infosys

SOURCE: Times of India
DATE: Sept 3rd, 2010

Deutsche Bank has moved work back in house from Infosys BPO for some of it’s back office processing. Around 150 people have been offered jobs with the MNC captive in Bangalore at a salary 50% average higher than what they were getting paid at Infosys.

A number of financial services firms with both captives and third party relationships in India are rebalancing their workforce and looking to pull more work in house to get scale.

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