Search for Financial job losses and
    1. Fast FT

      13 hours ago

      Lloyds cuts 640 jobs, closes 23 branches

      Lloyds Banking Group is closing 23 branches and slashing 640 jobs as part of cost-reduction plans unveiled in 2014. The...

    2. June 27, 2016

      Banks press regulators for Brexit clarity

      The world’s biggest banks are pushing regulators and politicians for answers so they can plan for the future of their...

    1. June 24, 2016

      European and US banks caught up in Brexit reaction

      Banks across Europe and the US were caught up in the negative reaction to Britain’s EU referendum result, with European...

    2. June 24, 2016

      Brexit raises doubts over Tata Steel’s UK operations

      The EU referendum result could damage the chances of Tata Steel, Britain’s biggest steel producer, maintaining its...

    3. Fast FT

      June 23, 2016

      Deutsche Bank to cut 3,000 jobs in Germany

      Deutsche Bank has reached an agreement with employees to cut nearly 3,000 jobs in its home base of Germany as margins...

    4. June 22, 2016

      Tensions rise on eve of Britain’s EU vote

      Queues formed outside foreign-exchange dealerships and banks conducted a final round of wargames to stress-test systems...

    5. June 21, 2016

      Australia’s Arrium becomes battleground in steel slump

      As the impact of China’s flagging demand for steel plays out across the globe, Australia has become the latest...

    6. June 15, 2016

      Bank of America axe hovers over thousands of retail jobs

      As many as 8,000 more jobs are set to go at Bank of America’s consumer arm as the digital banking revolution gathers...

    7. June 14, 2016

      Equity holdings cut to four-year lows

      Investors have cut their equity holdings to four-year lows as uncertainty in global financial markets rises ahead of...

    8. June 14, 2016

      BHS: 6 key questions for Sir Philip Green

      On Wednesday, Sir Philip Green, the retail tycoon who owned BHS until its sale last year, will give MPs his version of...

    9. June 14, 2016

      Standard Chartered chief ‘angry’ over ethics transgressions

      Standard Chartered’s chief executive has taken steps to stamp out a “cancer” of complacency and lax controls that he...

    10. June 12, 2016

      Weather-tracker offers ray of sunshine for hedge funds

      The sun has not shone on the hedge fund industry lately: it lost $15bn in assets in the first quarter of 2016 as...

    11. June 10, 2016

      BHS: No cash, no experience, no problem

      It was an “honest deal” with “no skeletons in the cupboard”. So Sir Philip Green described the sale of BHS, his...

    12. Fast FT

      June 10, 2016

      Europe divided: 7 charts on deep economic splits

      The eurozone is a union divided. In its latest health check on the state of the single currency area, the Organisation...

    13. Fast FT

      June 10, 2016

      Risk aversion weighs on Asia Pacific stocks

      Markets across Asia Pacific are set to end the week on a downbeat note, amid heightened risk aversion which pushed the...

    14. Fast FT

      June 6, 2016

      HSBC restructuring to save tens of millions

      HSBC is restructuring its investment bank to become “more agile and holistic”, saving tens of millions of dollars in...

    15. June 5, 2016

      Banks train staff to answer Brexit queries

      High-street banks are gearing up preparations for a post-Brexit Britain, training staff on how to reassure confused...

    16. June 3, 2016

      Week in Review, June 4

      A round up of some of the week’s most significant corporate events and news stories. Ousted Valeant chief’s $10m...

    17. June 3, 2016

      Brexit would be a ‘terrible deal’ for UK economy, warns Jamie Dimon

      The chief executive of JPMorgan has called a British exit from the EU a “terrible deal for the British economy” as he...

    18. FT Alphaville

      June 3, 2016

      Why Uber's capital costs will creep ever higher

      So Saudi Arabia has invested $3.5bn in Uber, the ride-hailing app, making it the largest single investment ever made in...

    19. FT Alphaville

      June 2, 2016

      The foibles of freemium

      City AM has announced plans to turn the commercial model upside down by no longer relying just on journalists to report...

    20. Fast FT

      June 2, 2016

      Bank of East Asia shrinks securities presence in HK

      Bank of East Asia’s securities branch has announced plans to close all of its retail outlets in Hong Kong this summer...

    21. June 1, 2016

      LSE-Deutsche Börse plan 1,250 job cuts in proposed merger

      The London Stock Exchange Group and Deutsche Börse plan to lay off 1,250 employees, or about 14 per cent of their...

    22. June 1, 2016

      Be careful wishing for a higher oil price

      And relax. Financial markets have been breathing more easily since late January, when the oil price began a rebound...

    23. June 1, 2016

      Investment banks’ hopes of big cost savings ‘a pipe dream’

      Transformational cost savings are a “pipe dream” for investment banks and only a handful will “eventually” be able to...

    24. May 29, 2016

      RBS to axe another 450 jobs in services

      Royal Bank of Scotland is cutting at least 450 more jobs, taking the total roles axed at the state-backed lender in the...

    25. Fast FT

      May 26, 2016

      FX code of conduct: key points

      The sprawling currencies market finally has some globally-recognised, industry-wide guidelines on how to behave and...

    26. FT Alphaville

      May 25, 2016

      FT Opening Quote

      M&S full-year profits are down 18 per cent, Dixons Carphone has raised its guidance, Royal Mail has avoided new price...

    27. Fast FT

      May 20, 2016

      Hedge funds: stale and pale

      Hedge fund portfolios are on a long losing streak, with high levels of concentration in a small number of bets and a...

    28. Fast FT

      May 18, 2016

      BNP to move nearly 200 UK bank jobs to Poland

      BNP Paribas has told staff that it plans to cut 233 jobs in its UK corporate and investment banking unit and shift many...

    29. FT Alphaville

      May 17, 2016

      FT Opening Quote

      LandSec is cautious ahead of the Brexit vote, Vodafone expects earnings to blossom from Project Spring, Premier Foods...

    30. May 16, 2016

      HSBC axes 840 IT jobs in first round of UK cuts

      HSBC is axing 840 IT jobs in the UK as part of restructuring and cost-cutting measures, in a move dubbed by an...

    31. Fast FT

      May 16, 2016

      Merged Italian banks to announce job cuts

      Banco Popolare and Banca Popolare di Milano, the two Italian banks merging to create Italy’s third largest lender, have...

    32. May 15, 2016

      Move over NY — here comes Jacksonville

      Forget the bright lights and fast pace of living in two of the world’s greatest metropolises, city living for a new...

    33. Fast FT

      May 11, 2016

      UniCredit shares tumble on capital concerns

      Shares in UniCredit, Italy’s largest bank by assets, were down again in opening trade, taking its losses so far this...

    34. May 10, 2016

      Credit Suisse: not down for the count

      Boxing trainers throw in the towel when their fighter risks permanent injury by fighting on. Dazed and bloody, Credit...

    35. May 9, 2016

      ‘Tens of thousands of jobs will go’ in the City if UK leaves EU

      George Osborne has warned of “tens of thousands” of potential job losses in the financial services industry if Britain...

    36. Fast FT

      May 5, 2016

      UK banks face funding crunch before Brexit vote - Moody's

      British banks face higher funding costs, squeezed margins and reduced business volumes ahead of the UK’s summer...

    37. May 5, 2016

      Financial services companies braced for automation

      Casey Crawford, an American football player turned mortgage boss, says his corner of the US’s financial sector is ripe...

    38. Fast FT

      May 4, 2016

      RBS shareholders speak out against bonuses

      Shareholders have lambasted Royal Bank of Scotland over awarding staff bonuses after eight successive years of net...

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