Wall Street banks are scouting for talent in lower-cost European cities
Briefly

Gurjit Jagpal, Goldman Sachs' global head of investment banking engineering, noted that Birmingham offers a significant talent pool, emphasizing the importance of attracting local talent and reflecting broader geographical shifts in operations.
Goldman Sachs has strategically expanded its presence in lower-cost European cities, exemplified by its growth in Birmingham, highlighting a trend across the financial sector to reduce operational costs while tapping into skilled local talent.
Read at Fortune Europe
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