Recent Posts

BOE seeks more women to diversify all-male top team

Bloomberg The Bank of England (BOE) is seeking more women in management roles to diversify its leadership from the all-male team it currently has. Deputy Governor Dave Ramsden said 35% of senior managers are female at the moment, up from 20% in 2014. The central bank is targeting up to 44% by 2028. The BOE is currently led by Governor ...

Read More »

China banks offer cheap consumer loans as Xi urges more spending

  Bloomberg Chinese banks are touting a wide variety of retail lending products as authorities need a pickup in consumer spending to create a more solid foundation for the world’s second largest economy. Lenders including Bank of China Ltd. and China Construction Bank Corp. are offering preferential interest rates and incentives such as gift cards on e-commerce platforms to lure ...

Read More »

Nomura’s Japan staff to get bigger pay increases

  Bloomberg Nomura Holdings will give its employees in Japan bigger pay raises starting in April, citing intensifying competition for talent and faster inflation. Employees excluding executives will get a slightly larger raise than the roughly 3% average of the past few years, Japan’s largest brokerage said in a statement on Tuesday. A growing number of Japanese firms have signalled ...

Read More »
Send this to a friend