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Employment News

New International Firm to Open in the Philippines

Date Posted: Mar 14, 2012

Wells Fargo & Co., the second largest US bank in deposits, home mortgage servicing and debit cards industry in Uinited States is set to built a business support center in Manila as the country's booming business process outsourcing (BPO) industry is projected to produce more than 120,000 new jobs this year.

David Caldwell, managing director of Wells is very pleased to choose Philippines due to the talent that the country has and its reputation in good custormer service.

"We selected the Philippines to be part of Wells Fargo's international footprint based on the country's reputation for strong customer service, a large English-speaking population and a cultural affinity to the United States," Caldwell.

Fargo Philippines Solutions, the local subsidiary of the US banking giant.

The new investment is also good news for property developer Megaworld Corp. on whose McKinley Hill Cyberpark project will rise a new building to serve the outsourcing needs of the US banking giant.

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