Recent Posts

Scotiabank cuts 827 jobs in restructuring

  Bloomberg Bank of Nova Scotia eliminated 827 jobs since the end of April, mostly in its Canadian business, as the lender reorganized to adapt to consumers embracing digital technology. The company had 88,783 workers in the fiscal third quarter, which ended July 31, down from 89,610 in the second quarter, when the bank took a C$278 million ($213 million) ...

Read More »

India’s top woman banker sees cracks in glass ceiling

  AFP The first female head at one of India’s biggest banks says a ruling forcing firms to appoint women directors to boards has eased chronically lopsided gender ratios — but warns too many firms are still failing to embrace diversity. State Bank of India (SBI) chairwoman Arundhati Bhattacharya said that the regulator’s moves to get rid of the “old boys’ ...

Read More »

Societe Generale plans to close energy research unit in Paris

  Bloomberg Societe Generale SA, France’s second-largest bank, shut its energy and commodities research unit in Paris this week, according to people with knowledge of the matter. Thierry Bros, who covered European gas and LNG, and Paolo Coghe a European power, coal and emissions analyst, were among the people who are leaving, said the people who asked not to be ...

Read More »
Send this to a friend