Belgian financial institution to move 500 jobs to Krakow

Euroclear Bank, Belgian financial institution servicing capital market transactions, will move around 500 jobs from Brussels to Krakow in Poland in the coming five years. "The Krakow bureau will be the second biggest Euroclear Bank office. It will be servicing international financial operations," general director of the Krakow-based Euroclear branch Geert Desmedt said on Wednesday.