Charles Schwab plans Technology Development Centre in Hyderabad

This decision was announced following a meeting between Chief Minister A Revanth Reddy, IT Minister D Sridhar Babu, and senior Schwab executives Dennis Howard, Rama Bokka, and others at Charles Schwab's global headquarters in Dallas.

Hyderabad: Charles Schwab, a global leader in financial services, has chosen Hyderabad as the prospective location for its first Technology Development Centre in India.

This decision was announced after Chief Minister A Revanth Reddy and IT Minister D Sridhar Babu held a meeting with senior Schwab executives Dennis Howard, Rama Bokka and others at Charles Schwab’s world headquarters in Dallas.

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Charles Schwab is currently awaiting the final approvals for announcing detailed insights into the upcoming center and to delegate a team to India for officially establishing the Schwab Technology Centre in Hyderabad, according to a press release.