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189 Results from /people, 2008

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Temenos hires Microsoft man Van den Brande to lead product and marketing strategy

Swiss core banking vendor Temenos has appointed Microsoft veteran Koen Van den Brande to the newly created position of group strategy and marketing director.

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Orc to cut jobs as it looks for Skr40 million savings

Swedish derivatives trading technology company Orc Software is to cut its workforce in an attempt to reduce annual expenses by around Skr40 million.

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HSBC cuts 500 UK job roles

Banking giant HSBC is axing around 500 UK jobs - including IT positions - following a review of the "current economic conditions" in a move branded a "disgrace" by finance sector union Unite.

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HSBC to cut UK computer services jobs - report

Banking giant HSBC is set to axe around 500 UK jobs, including computer services and clerical positions, according to a Bloomberg report.

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Citi restructuring claims electronic trading head Richard Evans

Richard Evans, Citigroup's global head of electronic trading has been made redundant in the latest round of restructuring at the struggling US bank.

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Leader of US fraud ring pleads guilty

The leader of a criminal gang that cost financial institutions over $20 million in losses through card, wire and bank fraud has pleaded guilty to conspiracy charges, say officials in New York.

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Nomura opens Swedish software development centre

Japanese investment bank Nomura has opened a software development centre in Umea, Sweden, to house IT services staff inherited from Lehman Brothers.

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Portrait posts £1.3 million operating loss; announces new CEO

UK CRM vendor Portrait Software is reporting a £1.3 million operating loss for the half year as disruption in the banking sector hit second quarter sales.

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New York may need federal aid as job losses escalate - NY Comptroller

The financial crisis could cost New York City and state 225,000 jobs and $6.5 billion in securities industry-related tax revenue over the next two years, according to a report released by New York State Comptroller Thomas P. DiNapoli.

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SunGard opens Middle East HQ

SunGard Financial Systems has opened a new Middle East headquarters at the Dubai International Financial Centre (DIFC) as it looks to expand its presence in the increasingly lucrative region.

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SmartStream and Pegasystems move more development work to India

SmartStream Technologies is to expand its offshore development capability by relocating to a larger development centre in Mumbai. The opening of the facility coincides with the establishment by Pegasystems of its first R&D centre in Hyderabad.

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Barclaycard to hire 200 staff for new Long Island facility

UK credit card outfit Barclaycard is to hire 200 people over the next year to work at a new administrative office in New York.