Financial Services News
It's tough at the top!
Published on 3rd September 2010 by Caroline Naughton
Employees whose organisations have been hit hard by the recession have low levels of trust in their bosses and blame lies with poor management, according to research released today.
Banks rethink use of bonus to recruit talent
Published on 3rd September 2010 by Richard Laurenson
INVESTMENT banks are moving away from offering "guaranteed" bonus packages to entice new recruits, according to a new report.
HSBC seeks £4.5bn stake in South Africa's Nedbank
Published on 23rd August 2010 by Richard Laurenson
HSBC looks set to gain a lucrative foothold in the South African banking market after entering exclusive talks to buy a controlling stake in the country's fourth-largest bank, Nedbank, in a deal that could be worth £4.5bn.
Lloyds Banking Group to close Irish banks
Published on 19th August 2010 by Richard Laurenson
Britain's Lloyds Banking Group is closing its Irish business banking operation and in effect pulling out of the country in the latest blow for a local industry ravaged by bad debts and recession.
Encouraging Economy Shackled by Unemployment Fears
Published on 26th July 2010 by Matt Birchley
Last week’s GDP data clearly showed that the recovery was gathering momentum during Labour’s last stint in-charge, but doubts remain about the immediate future of the economy.