Morgan Stanley inaugurates new office in Budapest
Investment bank Morgan Stanley has expanded its operations in Budapest, requiring a move to new offices. The new facility was duly inaugurated on February 22 by Morgan Stanley Vice Chairman Tom Nides, notes a press release sent to the Budapest Business Journal.
Morgan Stanley Vice Chairman Tom Nides, cutting the tape at the opening of the new office in City Gate.
On the occasion of the opening of the new office in City Gate, Budapest, Nides said that during the last decade the Hungarian office of Morgan Stanley has not only expanded in terms of specialists, but also in terms of its growing role within the companyʼs global network.
Norbert Fogarasi, head of the Morgan Stanley office in Budapest, added that almost half of the firmʼs employees in Budapest are developers of infrastructure and applications for banking services. Other important functions of the office include financial and risk analysis, mathematical modelling, operative and legal documentation, he added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.