Your Search Returned 2 tagged news reports
The Government is rejecting union demands to protect bank jobs as a condition of guaranteeing bank deposit and foreign borrowings. The past eight months have seen nearly 1000 bank job cuts announced. Bank workers' union Finsec sent a 10,500-signature...
Tags: banks job, Reserve Bank, banks workers, finance minister, Bill English, protection banks, signatures petition, mortgage rate, NZPA, Finsec
Most of the cuts will come from the bank's major offices in New York and London, though other locations in Europe and Asia could lose jobs. And on a percentage basis, the job cuts are far less severe than at other investment banks. For example, JPMorgan,...
Tags: Citigroup Citigroup Inc., investment banks, job cut, The Wall Street Journal, banks division, news, banks job, engineering efforts, indicated earlier, Dan Noonan