Metro Bank to cut about 800 jobs and review opening hours | Metro Bank
Metro Bank plans to cut about 800 jobs by the end of March, and review its famous seven-days-a-week branch model, after ramping up cost-cutting plans in the wake of last month’s multimillion-pound...
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UK’s Metro Bank eyes axing 1 in 5 jobs, seven-day banking
Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing Rights LONDON, Nov 30 (Reuters) – Metro Bank (MTRO.L) on Thursday announced...
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TD Bank cutting thousands of jobs amid ‘challenging environment’ – National
TD Bank Group said it’s cutting three per cent of staff and setting more money aside for souring loans as it reported fourth quarter results that reflect a deteriorating economic picture. The bank...
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TD Bank to cut about 3,000 jobs; profit misses estimate
A sign for TD Canada Trust in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights Nov 30 (Reuters) – TD Bank Group (TD.TO) is axing 3% of its...
View ArticleDanish EU commissioner pulls out of the race for the top job at the European...
COPENHAGEN, Denmark — The European Union’s powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment Bank, the Danish government said Friday after EU finance...
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Scotiabank’s Peter Godsoe, whose career spanned from bank teller to former...
Open this photo in gallery: Peter Godsoe, pictured on Nov. 27, 2003.John Morstad/The Globe and Mail Peter Godsoe, who rose from teller at Bank of Nova Scotia to chief executive officer at one of the...
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The Daily Chase: Jobs data, bank earnings mixed bag
Here are five things you need to know this morning: Two-handed economics: Economists are famous for having a view on one hand and then having another opinion on the other. Today’s jobs data is a great...
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Jobs market cools in November. What that means for the Bank of Canada – National
A rising unemployment rate and signs of slowing in the economy should be enough to keep the Bank of Canada on hold at its final interest rate decision of the year, according to some economists....
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RBC CEO says bank can still reap savings from HSBC Canada deal despite...
Open this photo in gallery: Left: The HSBC Bank branch in Toronto on Nov. 29, 2022, and right, a man walks by an RBC sign near Bay and King in Toronto on March 20, 2019.Duane Cole/Mark Blinch/The...
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December’s jobs report is a ‘mixed bag’ for the Bank of Canada. Here’s why –...
The national jobless rate held steady at 5.8 per cent in December as employment was “virtually unchanged,” according to Statistics Canada. The agency said Friday that the economy added a total of 100...
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TD Bank thinks the Bank of Canada has a tough job ahead
Breadcrumb Trail Links News Central bank may have to start cutting interest rates before inflation is back on target Published Jan 12, 2024 • Last updated 15 hours ago • 5 minute read Bank of...
View ArticleImmigration surprises are making the Bank of Canada’s job harder
Record-breaking immigration is muddying the economic picture for the Bank of Canada, distorting key statistics and making its battle against inflation more difficult. A surge of newcomers – largely...
View ArticleBank of America sends warning letters to employees not going into offices |...
Bank of America is cracking down on employees who aren’t following its return-to-office mandate, sending “letters of education” warnings of disciplinary action to employees who have been staying home....
View ArticleTD Bank cuts 3% of staff
TORONTO – TD Bank Group said it’s cutting three per cent of staff and setting more money aside for souring loans as it reported fourth-quarter results that reflect a deteriorating economic picture....
View ArticleDeutsche Bank to cut 3,500 jobs
London CNN — Deutsche Bank is cutting 3,500 jobs as it pushes ahead with a plan to reduce costs by €2.5 billion ($2.7 billion) by 2025. Germany’s biggest lender said Thursday that it had made...
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Deutsche Bank to cut 3,500 jobs and reward shareholders By Reuters
© Reuters. The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank...
View ArticleFrench bank Societe Generale announces 900 job cuts in cost-cutting program
Amid the wave of job losses in the global financial industry, France’s third-biggest listed bank Societe Generale has announced to slash about 900 jobs at its Paris headquarters through voluntary...
View ArticleJob cuts at Citi, Deutsche Bank show the future has arrived on Wall Street
By Marc Rubinstein Vikram Pandit, a former chief executive officer of Citigroup Inc., once predicted that developments in technology could see 30 per cent of banking jobs disappear over five years....
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What a mixed jobs report means for the Bank of Canada
Breadcrumb Trail Links News Economy Little reason for central bank to abandon patient stance Published Feb 09, 2024 • 2 minute read While Canada’s job gains beat expectations, the picture wasn’t all...
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