FRENCH BANK 'BNP PARIBAS' WILL HIRE THOUSANDS IN PORTUGAL
BNP Paribas executives are preparing to hire several thousands new employees over the next three years. Only in Lisbon, the French bank is expected to double its number of employees (currently has about 2000).
This expansion is part of a global trend for decentralization of the large banks, which are transfering part of their business to the locations, which are more affordable financially,- such as Lisbon.
According to the Financial Times, this means that in the future international banking can be rely upon the Portuguese capital just like upon London and New York.
Source: Financial Times
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