JPMorgan Chase to Cut Up to 4,000 Jobs in 2013February 26, 2013JPMorgan Chase & Co
plans to cut 3,000 to 4,000 jobs in its consumer bank in 2013,
representing about 1.5 percent of the company's overall
workforce, it said in a presentation to investors on Tuesday.
American Express to Cut 5,400 JobsJanuary 10, 2013Credit card company American Express Co
said it would cut about 5,400 jobs, or 8.5 percent of
its workforce, as it restructures its business and pay legal
bills.
Morgan Stanley Job Cuts May Signal More Pain AheadJanuary 09, 2013Morgan Stanley plans to slash 1,600
jobs in what may be just the beginning of a new round of layoffs
at large investment banks, this time driven by a deeper
reassessment of Wall Street businesses in the face of new
regulations and capital standards.
Citi to Cut 11,000 EmployeesDecember 05, 2012The layoffs are part of a company-wide restructuring plan; technology and operations units will be affected.
An Agile Workforce Helps Banks Face The Realities of An Increasingly Expensive IndustryNovember 09, 2012Banks need to invest in new ways to generate revenues and improve customer satisfaction through better, more consistent service across emerging channels—while under intense pressure to improve operating costs and meet the growing range of compliance
The 'Cool' Factor: How Banks Can Attract Top Candidates to the IT WorkforceOctober 03, 2012Bank CIOs are going to have to work harder to recruit the best IT talent as the importance of technology in banking continues to increase. We ask some of this year's Elite 8 how bank tech leaders can attract the IT workforce of the future.
ELITE 8 2012: Prashant Nema Lives Up to Great ExpectationsSeptember 26, 2012Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to pro
ELITE 8 2012: Prashant Nema Lives Up to Great ExpectationsSeptember 26, 2012Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to pro
Banks May Not Be Able to Resist 'Bring Your Own Device'April 24, 2012User-friendly consumer devices such as Apple's iPad increasingly are infiltrating the enterprise and transforming workforce expectations. Despite security concerns, employee demands and the productivity gains powered by bring-your-own-device initiatives ar
Big Data Talent War: 10 Analytics Job TrendsMarch 29, 2012A gap is emerging among data-savvy professionals, with big-data-analysis and predictive skills trumping routine business-intelligence and information-management talents.
Cloud Computing Could Create 1.4 Million Banking Jobs by 2015March 27, 2012A Microsoft-funded IDC study suggests that innovation enabled by cloud technology could boost jobs and revenues worldwide across several business verticals, including banking.
270,000 More IT Jobs Headed OffshoreMarch 22, 2012Offshore outsourcing will continue at brisk pace for next four years, then ease up as automation replaces offshoring as a way for companies to save money, a new study says.
Four Keys to Building an Analytical WorkforceFebruary 08, 2012Experts offer their advice on how financial institutions can build a workforce equipped to compete in an increasingly data-driven industry.
The 'Bring Your Own Device' DilemmaDecember 26, 2011As more people rely on smartphones, bank IT departments will spend increasing resources to support employees' mobile devices of choice.
Fiserv and Kronos Developing Workforce Management SolutionSeptember 22, 2011The two companies have announced that they're partnering to create a solution to help financial institutions measure workforce performance and boost branch effectiveness.
