BANGALORE: Deutsche Bank is moving a portion of its back office processes from Infosys BPO to its captive centre in the city.
Critical processes related to clients’ trade and derivatives will move to Deutsche Network Services in Whitefield. Some 150 people are working on this process. Infosys has another 500-plus BPO executives working for various other processes of Deutsche Bank who will remain with Infosys.
Following the bank’s decision, Infosys sent an official communique to the 150 employees giving them the option to leave the company to be with Deutsche Network Services for much higher salaries.
“The salary increment varied from person to person, but many got about 50% increase. Most are accepting this MNC job offer,” said a person close to the development. When contacted, an Infosys spokesperson told TOI, “Clients often move work back and forth and it is only a routine affair.”