Brown Brothers Harriman

Type
Business expansion
Country
Poland
Region
Makroregion południowy; Małopolskie; Miasto Kraków
Location of affected unit(s)
Kraków
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.1 - Monetary intermediation
64.19 - Other monetary intermediation
200 jobs
Number of planned job creations
Job creation
Announcement Date
18 July 2012
Employment effect (start)
18 July 2012
Foreseen end date
1 July 2014

Description

American investment bank Brown Brothers Harriman (BBH) announced plans to hire 200 to 300 people at the new centre in Kraków by the middle of 2014. The company is looking mainly for economists and IT specialists.

This is the fifth centre of BBH in Europe. It was opened in March 2012 and will provide financial services and investment management for individuals and institutions. Michael McDonald, the director of BBH in Poland, informed that the unit will be strongly linked with other units in the world.

BBH was founded in 1818. The company has 17 units around the world and employs about 5,000 people.

Sources

  • 18 July 2012: Wirtualny Nowy Przemysł ()

Citation

Eurofound (2012), Brown Brothers Harriman, Business expansion in Poland, factsheet number 74004, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74004.