Category : Search result: banking sector layoffs


JP Morgan's £10bn London HQ Plan Post-Budget

US banking giant JP Morgan Chase unveils a massive new Canary Wharf headquarters, injecting £10bn into the UK economy. This follows Chancellor Rachel Reeves' budget which avoided new bank taxes. Discover the full story.

Australian Public Service Wages Jump 3.4%

New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.

Banks spared tax rises in Reeves budget

Chancellor Rachel Reeves is set to exempt major banks from tax increases in her upcoming budget, signalling a pragmatic approach to financial sector relations while facing criticism from opposition parties.

Farage: Reform UK to contest City of London

Brexit architect Nigel Farage announces Reform UK's ambitious campaign to contest the City of London in upcoming elections, challenging traditional Tory strongholds.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

Westpac ordered to allow work-from-home in landmark case

In a landmark employment decision, Westpac banking group has been ordered to allow flexible working arrangements after a senior employee won her case against returning to the office full-time. Discover how this ruling could reshape workplace policies acro

ANZ Banking App Crashes in Nationwide Outage

Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.

Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

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