india: US bank captives still hiring as cash moves to stable large banks
The larger US banks who have significant presence in India through their captive arms—like Wells Fargo, JP Morgan, Bank of America, Goldman Sachs, Citi and BNY Mellon—continue to hire and backfill vacancies as businesses globally are moving their money to large and relatively stable banks to de-risk their operations.“The large banks continue to hire even in the current economic environment. So one of the possible reasons is that after the recent banking crisis, a lot of money is moving to bigger banks,” said Lalit Ahuja,…