With a goal of streamlining the Wall Street behemoth and boosting its stock, Citigroup (C.N) will eliminate a layer within management and make job cuts…
View More CEO of Citigroup orders significant changes and job cutbacksCategory: personal finance & money management
UK must hold insurers accountable for infrastructure, according to the Bank of England.
After their capital requirements were relaxed, insurers were allowed to invest up to 100 billions pounds ($125 billion) in the British economy, according to Bank…
View More UK must hold insurers accountable for infrastructure, according to the Bank of England.Barclays is looking to sell its stake in the £2.5 billion UK payments unit.
As the British bank looks for an investor to help grow the business, Barclays Plc (BARC.L) is considering selling a stake in the division that…
View More Barclays is looking to sell its stake in the £2.5 billion UK payments unit.How borrowers manage increased rates in the UK
The 2nd quarter of this year’s Household Finance Review from UK Finance raises the curtain on mortgages. Due to affordability issues and a decline in activity…
View More How borrowers manage increased rates in the UKUK Minister of Finance will provide autumn fiscal update on Nov.22
Jeremy Hunt, the finance minister of the United Kingdom, announced on on Tuesday that he would present the next budgetary updates to parliament on November…
View More UK Minister of Finance will provide autumn fiscal update on Nov.22For September 2023, Santander raises its savings interest rates.
Santander Edge Saver (now paying 7.0% AER/6.78% gross for 12 months) The Easy Access Saver Special Edition (Issue 3) is currently offering a 12-month payment…
View More For September 2023, Santander raises its savings interest rates.Are youngsters more financially savvy than we may believe?
Numerous studies present a somber image of knowledge of finances in the UK among those who do not work in the financial services sector. Adults…
View More Are youngsters more financially savvy than we may believe?Largest hedge funds in the world are subject to UK stress tests.
Participants will have to disclose how actions potentially undermine the financial system, particularly banks and pension funds. After being invited to participate in the the…
View More Largest hedge funds in the world are subject to UK stress tests.Wealth Management: Redington, Hawksford, TISE,Who’s Moving Where
The most recent hirings and movements in wealth management from the UK to other parts of Europe to the Arab world and other select regions.…
View More Wealth Management: Redington, Hawksford, TISE,Who’s Moving WhereConsumer Duty Creates a ” Perfect Combination” for Wealth Management Mergers and Acquisitions
Most, but not all, wealth management companies have been extremely busy over the last year assuring compliance with the recently implemented Consumer Duty requirements, leaving…
View More Consumer Duty Creates a ” Perfect Combination” for Wealth Management Mergers and Acquisitions