UBS to set up IT, ITeS operations in Hyderabad

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| UBS is the first Switzerland-based bank and the first European bank outside of UK that has agreed to set up its outfit in the city. |
| UBS has decided to locate in Hyderabad after evaluating cities like Bangalore, Pune, Chennai, Delhi, Mumbai and Kolkata. |
| "We are extremely pleased with the decision of the UBS to locate in Hyderabad. The government and academia shall provide full support to them," K Ratna Prabha, secretary, Information Technology and Communication Department, stated in a press release here on Friday. |
First Published: Jul 16 2005 | 12:00 AM IST