RBS Greenwich Capital, which is a subsidiary of Royal Bank ofScotland, will be shifting some operations from Greenwich and fromManhattan once the building is complete. The firm plans to have 600new employees at its property along with 550 bank employees thatwill be relocated from offices in Manhattan as well as 700employees that will be moving from offices in Greenwich. Theproject is also expected to create approximately 800 constructionjobs.

The building, which is near the UBS Building, makes the city ahub for financial services firms, according to Gov. Jodi Rell."Financial services companies employ over 54,000 people inConnecticut and are a key driver for our economy. Our state, andFairfield County in particular, is a hub for some of the world'sleading financial institutions."

Ben Carpenter, co-CEO of RBS Greenwich Capital says that thestate and city of Stamford have been strong supporters. "In ourview, the teamwork and cooperation behind this project are aperfect example of the great things that can be accomplished whenpublic and private sectors work well together."