Barclays Jes Staley Brings In JP Morgan’s Paul Compton As COO
Jes Staley, the newly appointed chief executive officer of Barclays Bank Plc has confirmed hiring a former colleague from JP Morgan, Paul Compton to be the bank’s new chief operating officer (COO). Compton will be replacing Jonathan Moulds as Barclays
Read MoreBarclays To Cut 1,000 Investment Banking Jobs Across The Globe
Barclays is planning to cut around 1,000 investment banking jobs across its offices worldwide as a part of sweeping restructuring plan. According to reports, its operations in Asia have borne the brunt of the cuts as investment banking businesses in
Read MoreSteel Unions Pressure British Government To Take Action
The British Government has come under renewed pressure to take action to support the steel industry after Tata Steel announced yet another round of job cuts. Tata Steel is expected to cut around 1,000 jobs at its steel plants which
Read MoreHSBC Avoids another Fine
Whilst the UK’s Financial Conduct Authority has recently been showing its teeth and forcing many banking institutions to pay huge fines and often compensate customers for what they have decided was unfair businesses practices, one bank that will be breathing
Read MoreUK Royal Mail to Bid for Dutch PostNL?
Those Binary Options traders who have their ears to the ground have been picking up speculation very recently that Moya Greene who is tasked with being the Chief Executive of the UK’s Royal Mail is about to attempt an acquisition
Read MoreEBA Makes Changes On Banker Bonuses Policy
The European Union made a number of changes to its financial policies after the global recession of 2007-2009. A number of those changes were directed at the banking industry and focused on limiting the ability of banker’s bonuses and performance
Read MoreWill Coca Cola and McDonald’s Share Values Tumble?
With many Governments of the world taking a closer look at food related products in their quest to keep their citizens fit and healthy many industry experts are predicting that some of the major food and beverage manufacturers may soon
Read MoreTop International Banks Must Raise €1.1 Trillion Debt By 2022
A global group of policymakers estimates that the top international banks will have to raise around €1.1 trillion before 2022 for special debt that will stop taxpayer bailouts of lenders. The global group of policymakers stated that it has now
Read MoreC&C Prepares To Launch €100m Shares Buyback Scheme
UK and Irish based manufacturer C&C Group plc specializes in producing, marketing and distributing branded long alcoholic drinks that includes wine, beer, cider and soft-drinks. The company recently announced that it had made plans to launch a special €100 million
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