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» Bank hiring Freezes hit Cities recovery in Jobs

Bank hiring Freezes hit Cities recovery in Jobs

New vacancies in the city rose 20% in one year, but in some of Europe's largest investment bank recruitment freeze in return is hindering economic recovery, recruiters report.Astbury Marsden said that in March 2640 the new jobs created in February figure, an increase of one fifth on the previous year, but less than 18%.Jonathan Nicholson, managing director, said the freeze on recruitment in invest[...]

4-Apr-14


» JPMorgan Reconstruction Unit that Housed the "London Whale"

JPMorgan Reconstruction Unit that Housed the "London Whale"

JP Morgan has restructured its chief investment officer, " London Whale" 's house , in a further step strategy can result in a loss of more than 6 billion U.S. dollars of risk , according to people familiar with the matter.In an internal memo the bank said Monday that it combines the CIO and treasury organizations, reflecting the traditional asset-liability management of banks and other functions.[...]

4-Apr-14


» Credit Bubble Concerns on The Edge of the Central Bank Governor

Credit Bubble Concerns on The Edge of the Central Bank Governor

In mild spring in New York, representatives from Citigroup started to introduce investors to the bank’s subprime mortgage securitization new platform.It sounds like 2007 plucked in the credit bubble and eventually led to the scene of the height of the financial crisis; Citi’s "road show" began just this week. Bank of America is preparing to launch the market in advance from One Main Financial, its[...]

3-Apr-14


» Lord Myners Faced Struggles Overhaul Co Operative Group Board

Lord Myners Faced Struggles Overhaul Co Operative Group Board

Lord Myners is facing in the coming days an uphill struggle to convince the loss of the cooperative group members endorsed his plan to overhaul its board and replace it with the PLC structure.Myners, was elevated to the House of Lords , before becoming a minister who is chairman of the city guardian media group , is represented on a number of key regional meetings set his plan in the next 48 hours[...]

3-Apr-14


» Royal Bank of Scotland closed 44 branches

Royal Bank of Scotland closed 44 branches

Royal Bank of Scotland, parachuting close 44 branches are in motion are concerned that the move would harm local communities.Customers have been told about the closure - the UK from Scotland to the south coast of England - of which 14 are “the last branch in town." Not yet announced.Finally, the Bank has undertaken not to quit the local community, as Barclays ten years ago caused a sensation when [...]

3-Apr-14