Overhaul
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on...
Australian lender ANZ launches structural overhaul amid regulatory woes
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday (Oct 30) as it sought to...
Google granted request to pause order on Play store overhaul
A FEDERAL judge in California has granted Google’s request to temporarily pause his order directing the Alphabet unit to overhaul its Android app store Play by Nov 1 to...
US regulator orders Wells Fargo to overhaul its efforts to combat illicit funds
WELLS Fargo shares slid on Thursday after a US banking regulator found its safeguards against money laundering and other illegal transactions were too lax and restricted its ability to...
Lloyd’s of London plans overhaul of ‘unclear’ conduct rules
Lloyd’s of London said on Thursday (Sep 12) it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for...
Fed to cut big banks’ capital hike in half in sweeping overhaul
US regulators will make sweeping changes to their bank-capital rules proposal, cutting the expected impact to the biggest banks by half and exempting smaller lenders from large portions of...
Man Utd news: Senior figure to exit as Dan Ashworth overhaul continues as contact made for transfer
Manchester United could see Old Trafford exits on and off the pitch in the near future with talks said to be underway for the signature of former Real Madrid...
Nomura is hiring wealth managers after years of staff overhaul
NOMURA Holdings’s wealth management business is on a growth path after a multi-year overhaul that saw its thousands of retail bankers shift away from catering to the masses of...
