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Deutsche Bank to cut about 23,000 jobs: Sources

Last Updated: Tuesday, September 15, 2015, 00:19

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.

APGVB Officer Scale II and III interview results declared

Last Updated: Tuesday, September 1, 2015, 17:46

The results of the interview conducted for Andhra Pradesh Grameena Vikas Bank (APGVB) Officer Scale II and Officer Scale positions on August 24 and 25 have been declared.

SBI hiring directly from campuses on contract?

Last Updated: Thursday, August 20, 2015, 22:41

"We are trying to get some people directly from campuses on contract," she said while talking to Reserve Bank governor Raghuram Rajan Thursday.

Job cut to have minimum impact on India: HSBC

Last Updated: Tuesday, June 9, 2015, 20:14

Even though British lender HSBC Tuesday announced a mega plan to improve performance by culling up to 25,000 jobs globally, the impact of the global exercise is expected to be minimal for its operations here and some surprise benefits may also come in.

JPMorgan Chase to cut 5,000 jobs: Sources

Last Updated: Friday, May 29, 2015, 10:26

About $2 billion of that is to come from cost-cutting in retail banking, with the bank planning to close 300 of its 5,570 branches by the end of 2016.

Credit Suisse's new boss Thiam could axe 2,900 jobs

Last Updated: Wednesday, March 11, 2015, 18:46

Credit Suisse`s next chief executive, Tidjane Thiam, could cut almost 3,000 jobs from its investment bank, or 15 percent of staff, as part of a shift of capital away from trading desks to private banking in Asia, analysts said.

Federal Bank to recruit 3,000 employees in next three years

Last Updated: Saturday, January 18, 2014, 20:00

The bank presently has about 10,126 employees on its rolls.

'India most desired for setting up back offices by banks'

Last Updated: Monday, December 9, 2013, 19:39

Attracted by a vast talent pool of business graduates, more than half of the world's top 40 banks have set up shop in India to run their back-office operations that may generate nearly 25,000 jobs in the coming time, an HR consultancy has said.

PSU banks to hire 50K employees this fiscal: FM

Last Updated: Wednesday, July 3, 2013, 19:45

Finance Minister P Chidambaram Wednesday said public sector banks plan to hire 50,000 persons and open 10,000 branches in the current fiscal.

Private banks step up hiring; top-five add over 15,000 staff

Last Updated: Sunday, June 16, 2013, 12:27

Leading private sector lenders are in top gear when it comes to expanding their headcount and just five of them, including ICICI Bank and HDFC Bank, added more than 15,000 employees to their payrolls in the last fiscal.

American Express to axe 5,400 jobs globally

Last Updated: Friday, January 11, 2013, 19:22

American Express has said that it will cut 5,400 jobs worldwide by the end of 2013.

Swiss bank UBS to cut 10,000 jobs worldwide

Last Updated: Tuesday, October 30, 2012, 19:20

The bank said it is ‘likely to have a headcount of around 54,000’ by 2015, down from its current 64,000 employees in 57 countries.