Back-office

Back-office company WNS Global Services has agreed to make WNS Philippines its 100 per cent subsidiary by buying out its partner Paxys' 35 per cent stake in the venture.

Deals India: Morning News Roundup DEALS INDIA STAFF 2011

Back-office employees input transactions and carry out accounting relating to trades, while so-called front-office workers execute trades and speak with clients.

UBS: Rogue Trader Hit Firm Deborah Ball 2011

Back-office functions, including purchasing and technology systems, also will be streamlined.

Estée Lauder Chief Promises a Makeover 2009

Bernard Madoff Back-office businesses, including custodial services that hold in safekeeping the assets of an individual or firm, generate billions of dollars a year for some banks.

Aggrieved Investors Turn Sights to Banks 2009

Back-office employees at large banks often help process trades and handle information on potential transactions.

U.K. Arrests 8 in Effort 2008

Back-office operations such as engineering, subscriber relations and marketing could be combined and slimmed down.

FCC Staff Back XM-Sirius Merger 2008

Back-office operations, such as order processing, were the first to move out of Wall Street, seeking lower costs.

West Of Wall Street 2008

Back-office, human-resources and training departments also will be affected.

Xerox Slashes Jobs as Sales Slow 2008

Back-office systems don't speak to one another now, complicating transfers of securities between seller and buyer.

SEC to Propose Easing Curbs 2008

Back-office staff will leave their desks to help out.

Evening Standard - Home Dick Murray 2011