189 Results from /people, 2008
/people
Pay for IT contractors in the UK financial services sector has plummeted 12% in the last six months to £44 per hour - the lowest level in five years.
07 October 2008
New York financial analytics firm RiskMetrics Group has bought UK-based Applied4 Technology - a specialist provider of performance attribution software and services - for an undisclosed sum.
06 October 2008
Japanese securities firm Nomura says it will acquire the Indian back office and technology operations of bankrupt Lehman Brothers. Financial terms of the agreement were not disclosed.
Swiss bank UBS is axing around 2000 investment banking jobs as part of an overhaul designed to "recalibrate" the business and weather the crisis in the financial markets.
03 October 2008
British banking group Hbos - which is set to be taken over by Lloyds TSB - is planning to offshore around 2000 UK-based IT jobs to centres in India, according to press reports.
02 October 2008
Norfolk Constabulary's major investigation team has arrested three local males in their early 20s in connection with the murder of Barclays Wealth chief operating officer Frank McGarahan.
01 October 2008
Despite the fall out from the credit crunch, UK banking group Barclays is planning to add 1500 staff to its newly-established technology facility in Singapore over the next five years.
30 September 2008
HSBC has appointed Ken Harvey as chief technology and services officer, a newly created position that combines the roles of chief operating officer (COO) and chief information officer (CIO).
29 September 2008
HSBC is to cut 1100 jobs at its global banking and market division in response to the current economic conditions.
26 September 2008
Troubled UK lender Bradford & Bingley (B&B) is axing 370 jobs - including 300 roles at a mortgage processing centre - as it looks to cut costs following the downturn in demand for mortgages.
25 September 2008
ANZ is looking to reduce staff numbers at its branches in New Zealand in response to increased customer use of direct channels such as the telephone and the Internet.
Lloyds TSB should be forced to halt all offshoring programmes in return for government support for its takeover of Hbos, according to a union representing thousands of staff at the bank.
23 September 2008
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