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An It Job In Banking News

Unite writes to RBS over new job cut fears - 5 Jan 2012

LONDON (Reuters) - Trade union Unite is writing to Royal Bank of Scotland to express its anger over renewed speculation of thousands of job cuts at the part-nationalised lender. "Unite is disgusted that the workforce of RBS has today read in the media that further job losses are being considered. This constant speculation and rumour is highly concerning for those who work for RBS," Unite ...


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Euro falls to 15-month low against the dollar on worries about Europe’s banking sector - 5 Jan 2012

NEW YORK — Worries about Europe’s banking sector pushed the euro to a new 15-month low against the dollar Thursday. Bad news from Europe overshadowed better news on the U.S. jobs market. European financial stocks fell Thursday as investors realized that banks will have trouble trying to raise new capital. Shares of Italy’s largest bank, UniCredit, dropped for a second day in a row after it had ...


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New KBank VP enbraces loans to SMEs - 5 Jan 2012

Patchara Samalapa sees his new job as head of SME banking at Kasikornbank as a big challenge and a new dimension to his career.


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RBS, SocGen may cut over 11,500 jobs - 5 Jan 2012

More than 11,500 banking jobs could be axed globally as a result of separate restructuring initiatives being undertaken by two European banks, RBS and Societe Generale, media reports have said.


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Job Cuts in 2011 Up 14% on Heavy Government, Banking Layoffs - 5 Jan 2012

The number of planned job cuts at U.S. firms declined in December to the lowest level since June, but up from the same time a year ago, a report on Thursday showed.


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Swiss central bank chief faces battle to keep job - 5 Jan 2012

ZURICH (Reuters) - Switzerland's top central banker is battling for his future as he faces a grilling on Thursday over a controversial currency trade made by his wife three weeks before he oversaw moves to impose a cap on the Swiss franc. Swiss National Bank (SNB) Chairman Philipp Hildebrand will break his silence over the affair at 1500 GMT (10 a.m. ET) after an employee of his family's bank ...


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UPDATE 1-UK trade union writes to RBS over new job cut fears - 5 Jan 2012

* RBS spokesman: 10,000 job cut report is "inaccurate" * Unite trade union is writing to RBS management over jobsituation (Adds comment from RBS, further detail) LONDON, Jan 5 (Reuters) - British ...


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RBS, Societe Generale may cut over 11,500 jobs - 5 Jan 2012

The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times amid the persisting European debt turmoil.


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European Stocks Decline on Bank-Capital Concern; UniCredit Sinks - 5 Jan 2012

European stocks declined for a second day as concern that the region’s banks will have to raise capital overshadowed a report showing that U.S. companies added more workers to their payrolls than economists had predicted.


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TECHNOLOGY: Porsche 2012 911 Carrera S - 4 Jan 2012

The Porsche 911 is an odd duck. Here we have one of history's great sports cars, a strong-selling, fast, good-looking machine that reeks of sex and history. It is a marker of success: "Timmy bought a Porsche! He must have gotten that banking job." High resale value makes it a good investment. It is also a technological triumph—despite their capability, Porsches are almost always reliable ...


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