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Millions of jobs will be at risk if a surge in lending by so-called shadow banks ends in disaster, a top Bank of England official has warned.

Citigroup reported better than expected profits in the first quarter, in a sign that the recent revamp of the US’s fourth-largest lender may be starting to pay off. Citi reported net income of $3.4bn ...

Over 50,000 professionals in the financial services sector can expect new sustainable finance-related tasks added to their jobs to a moderate-to-high degree.

These layoffs will affect over a hundred jobs and go beyond the routine trimming of underperformers is likely to be undertaken in the coming weeks, but the timing is not yet finalised.

Bank jobs and SSC jobs are the most sought-after exams by lakhs of candidates at the Central level. At the State level, govt. jobs such as State PCS and teaching jobs are in high demand.

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China ...

Lloyds Banking Group's first quarter pre-tax profits have slumped 28% to £1.6billion due to increased competition in the mortgage market and higher costs.

The contribution of finance and real estate to the local economy is five times greater than leisure and hospitality, according to a recent report.

HONG KONG: Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish ...

HSBC is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter said.

Textron is expanding its restructuring plan to include about 1,500 job cuts, it said on Thursday, after U.S. Army program cancellations and lower demand for some other products hit its business.

Last week figures showed that inflation fell to 3.2 per cent in March, a two-and-a-half year low. However, this was still slightly above what economists had expected.

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