Job Market Monitor
Banking Services
HSBC | 2,000 UK layoffs
Banking giant HSBC is this week expected to announce some 2,000 UK job cuts as part of a restructuring of its global business. The axe is expected to fall on nearly 4% of the bank’s 52,000-strong UK workforce in a drive to slash costs and help the business react to the tougher climate in the … Continue reading
Bank of Montreal cuts 60 capital markets jobs
Bank of Montreal has cut 60 jobs at its capital markets division, and Canada’s No. 4 bank said staff reductions are due to concerns about productivity in the current capital markets environment. “The reductions are part of our focus on productivity and we would expect to continue to be hiring over the course of the … Continue reading
As Leumi cuts 800 jobs, bank chiefs plan gala in London – Haaretz Daily Newspaper | Israel News
As Bank Leumi gears up to ax 800 jobs, its management is preparing to fly to London to celebrate the bank’s 110th birthday next Monday. The bash will take place in the old London city hall building, which was erected in 1411 and today serves as a banquet hall. The date for the event was … Continue reading
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