Investment & Banking News

‘Angry’ NAB employees reject 5% pay increase offer; bank accused of ‘arrogance’

AUSTRALIA (Commonwealth Union)_The National Australia Bank's attempt to bypass the union's opposition to a new wage agreement by directly polling employees has failed, with...

10,000 Black Interns: Culture is more important than diversity

England (Commonwealth Union)_ According to a recent survey, the asset management sector was the only one of the financial services sectors to see a...

To make Brexit happen with a “big boom” UK intends to ease bank ringfencing regulations

England (Commonwealth Union)_ As part of government ambitions to deregulate the City of London and spur a post-Brexit second big boom for financial services,...

HSBC to close 114 UK branches

England (Commonwealth Union)_  HSBC recently reported that it will close 114 additional branches in the UK starting in April due to a substantial decline...

Blackstone veteran to serve as global head of DWS’s €126 billion alternative business

New York (Commonwealth Union)_ To support the strategic expansion of the New York-based franchise, DWS has named Blackstone veteran Paul Kelly as global head...

Keep investing! Indian equities market anticipated to outperform rivals in the equity sector

India (Commonwealth Union)_ "Even when looking out 6 to 9 months, we do not see any big equities market downturn. Therefore, in contrast to...

Latest cryptocurrency lender to declare bankruptcy cites FTX exposure

(Commonwealth Union) BlockFi, a cryptocurrency lender, filed for Chapter 11 bankruptcy protection on Monday, becoming the market's latest failure after being exposed to the...

Women in Investment Awards 2022 displayed in the night gallery

England (Commonwealth Union)_ The Women in Investment Awards 2022 winners were honored at a special ceremony in London by Investment Week in collaboration with...

Banks and stores may run out of cash during the holidays!

England (Commonwealth Union)_ Since more than 1,000 security personnel who deliver cash to some of the biggest banks and supermarkets in the UK have...

Pre-tax earnings increased by 76% at British Business Investments

England (Commonwealth Union)_ In the fiscal year 2021/22, British Business Investments' pre-tax earnings increased by 76%, representing the company's best financial performance over a...

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