Thursday, June 14, 2007

Merrill invests $11 mln in Indian analytics firm

(Reuters) - Investments banks have been steadily moving more number
crunching and model building jobs to cheaper markets like India,
where the country's huge population of educated young
professionals can save millions of dollars in salary costs.




The global shift is particularly pronounced in equity
research departments, although Copal is more focused on the less
competitive investment banking analytics space.


Read more at Reuters.com Mergers News

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