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Recent News
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Finance Layoffs: Lloyds Banking and more
Bad news for those in the finance industry. More reports of layoffs are circulating. The latest are at Lloyds Banking Group plc ... Reserve. The Federal Reserve is eliminating 52 jobs in its Charlotte, N.C., branch, effective Oct. 30. The employees being cut specialize in adjusting irregularities in checks from banks. The layoffs follow cuts that eliminated 78 check-... assurance company Friends First will cut 147 jobs from its current workforce of 540 as it restructures its business. The... job opening pick of the day from The Deal's Career Channel: For a roundup of all the announced layoffs to date, ... -
Supplier Diversification Grants To Create 550 New Jobs
... and create jobs. The program addresses the current lack of bank financing available to companies ..., the Michigan Certified Development Corp. and banks to provide the necessary liquidity to ensure the company ... to capitalize on new opportunities in the IT industry. Citizens Bank plans to fast-track a loan for approximately ...and decontaminate the steel cleaning process. Independent Bank has agreed to fast-track a consideration... and defense contracting sectors. Huntington Bank plans to provide a loan for up to $5 million... projects to proceed, bringing new jobs and investment to our state,” Main... -
USAA honored for career-advancement opportunities for Hispanic women
...;s 2009 report. The magazine works to identify the top 50 companies that provide the best career opportunities for Hispanic women in the United States. USAA is the only San Antonio-based ..., alternative work policies, dependent/child care support, employee benefits, women’s issues, job retraining, affinity groups and Hispanic relations. The 2009 report was based on ... efforts to maintain or even increase Latina representation in their upper ranks.” USAA provides insurance, financial planning, banking and investment banking services to members of the U.S. military and their dependents. -
Testosterone Influences Women's Career Moves
... more likely to choose high-risk financial careers, a U.S. study suggests. "In general, women are more ...decisions, which in turn can affect their career choices," Paola Sapienza, an associate professor ...students chose high-risk financial careers such as investment banking or trading, compared to 57 ...aversion and testosterone predicted post-graduation career choices. Those with high levels of testosterone ...likely to go into high-risk financial careers. "This is the first study showing that gender differences ...affect important aspects of economic behavior and career decisions," study co-author Dario ... -
Realizing the Need for a Career Change
... hosted by a law firm with which my former employer did a lot of business. I was flattered to have been... turns out, he too was still not employed almost a year and a half after his... many of these shops. What it left was very few leveraged lending jobs and a significant number of... friends and family that, although difficult, my job loss was also liberating...an opportunity to pursue avenues... one foot solidly planted in the leveraged finance and commercial banking world. Until that golf ... am under no illusions about the challenges of changing careers, particularly during the worst recession since the... -
Tesco grows banking service with 800 new jobs
... open a customer centre in Scotland, creating 800 jobs and bringing the group nearer to providing full banking services. Tesco Personal Finance (TFP), which provides ... rises towards three million, while the nation's banking sector has been shattered by the financial ... said Tesco's announcement should be welcomed as Britain's banking sector needed greater competition. "The last ... points. Tesco recently said it planned to open banking outlets in 30 of its supermarkets by the end of 2009 ... been suggested that Tesco may bid for nationalised bank Northern Rock, which the government is reportedly ... -
College Of Charleston Career Director Interview: Experience Makes Difference In Post
...The following is an interview transcript with Denny Ciganovic, Director of the Career Center at the College of Charleston. Mr. Ciganovic "... Resources Management from Northeastern University in Boston. The College's Career Center is involved in developing and delivering a ... office include assisting in career decision making and choosing a major, student employment on and off ... has a state of the art web-based system for job and internship posting, as well as resume referral... community members, sees it as a stepping-stone for a future career in international development. "This is a good way to test ... -
Morgan Stanley Hiring up to 400 in Sales, Trading
...hiring, who did not wish to be identified because the job additions were not formally announced....total positions are filled. The New York-based investment bank reported last month that it lost ...mostly to charges to cover losses in real estate investments and costs of repaying the government for bailout money. At the time, analysts said Morgan Stanley's investment banking revenue was strong, but that its conservative ..., Morgan Stanley was one of 10 major banks that was approved to repay its government loan. Goldman.... were also among the other major banks that repaid government Troubled Asset Relief... -
Bankers: jobs key to real estate rebound
...commercial real estate market will get worse before it gets better, according to three senior bank executives who spoke at a meeting Wednesday in Dallas. Job growth is the key to a turnaround for sales and leasing of office, multifamily and retail properties...a panel discussion before the ; and Larry Sneathern, regional senior vice president of commercial mortgage banking company PNC ARCS. Employment underpins the commercial real estate industry because people have to have jobs to occupy office space, to be able to pay rent in apartments or to shop in ... -
Sprouse Transitioning From Bank Job to HADCO Presidency
...has strong ties to Huntington and has been in the banking industry there since the early 1970s, he... I've been here ever since. I started in banking in 1972. "I've been in it 37 years. I...to 40." But that was not to be, Sprouse said. Guaranty Bank, of which he is president and CEO, and... Bank are in the process of merging. "It's a merger of two commercial banks in town," he said. "It's a really good move.... into the HADCO job, he said. Although moving from banking to economic development is a career change, ...." And HADCO always has done a good job of establishing and maintaining good relationships with... -
BofA Merrill Hires Transportation Banker From Citi
... hired Loli Wu to be its head of transportation and infrastructure investment banking in the Americas. Mr. Wu joins the firm from Citigroup , where he was head of surface transportation and logistics investment banking, BofA Merrill said on Wednesday in a press release. Mr. Wu, who will begin his new job in October, will be based in New York and report to ..., capital goods and transportation corporate and investment banking for Bank of America Merrill Lynch. Mr. Wu ...;t help but make a pile doing traditional banking financed by free money from the government and charging ... -
Easy Jobs For Foreigners In China. Everyone I Know Begs To Differ.
...so often - floods of Yanks coming to China for jobs. No evidence whatsoever for this but it gets ...due diligence. It's not impossible for a foreigner to forge a career for her/himself in China with little or no ..., and perhaps the tendency is to associate expat employment in China with the top-end. The truth is that foreigners ... American graduates that *want* to go to China for career reasons. Everyone I know in Beijing thought ... would have been about how early/mid-career professionals with track records of success in the US... Holdings, a merchant bank based in Beijing, has not posted any job openings... -
Job loss helping some fashion new lives
...businesses. Mike Coster, downsized out of a Wall Street job in February, now runs the Portland real estate investment banking firm Occum ... Street credit market meltdown. He left his job in February as a managing director at the financial firm Lazard ... at 48. He had a wealth of experience, though it was in finance, an industry that was in the midst of its worst crisis in eight decades. ...of most people who have found themselves out of a job in the recession. If Occum Capital Partners doesn't...probably join the thousands of others looking for Wall Street jobs. Even though he thinks there would ... -
Hopeful Signs For US Job Seekers, College Grads
If you think the nation's unemployment rate is high - hovering at close to 10% - consider this: Experts say that in some colleges, close to 50% of the graduates of the class of '09 still don't have full-time jobs they can call their own. Clearly, college grads face the toughest job market since the early 1980s. So says John Challenger, chief executive of one of the biggest personnel consulting firms in the country, Challenger, Gray & Christmas. But there's bracing news, too. Payrolls, which fell by 467,000 in June, are ... -
Moving Past a Layoff by Starting a No...
By Dawn Jordan Dawn Jordan is a former operations vice president at Bank of America. Her job was eliminated near the end of 2008. Previously, Ms. Jordan spent three years with the personal-insurance division of Countrywide Financial as vice president of customer retention. She lives in ... can be boiled down to two things: customers and capital. Do I have customers lined up to use my service? And, do I have to invest my own capital? At this point, I'm still in the preliminary stages of launch. I've made inquiries to the pertinent parties to gauge interest and perceived ...
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