Tag: bank

Vaccination no longer mandatory for Goldman Sachs staff

Goldman Sachs does not mandate vaccination against COVID-19 for its employees before entering its offices. Employees will not be required to be tested or...

Credit Suisse India rolls out Real Returns programme

Credit Suisse, the global financial services company, has launched the sixth edition of its global Real Returns programme in India. This initiative encourages skilled...

Lakhs of public-sector bank employees strike to protest government’s disinvestment

Lakhs of employees of public-sector banks protested the Central government’s proposition of privatising banks operating in the space. The two-day strike, which started on...

HDFC Bank to add 500 people to its 2,500-strong MSME vertical

HDFC Bank is gearing to hire 500 relationship managers as part of its plan to expand coverage to 575 districts. With this hiring, the...

HDFC clarifies typo in viral job circular, allays fears

A newspaper advertisement by HDFC announcing walk-in interviews, with the statement, '2021 passed out candidates are not eligible', had created quite a stir when...

Barclays closes some branches in the UK

June 25 will be the last day for the Barclays Bank branch at 32 Market Place, Warminster, in Britain. Another branch that will be...

4 days of WFH a week for Hong Kong HSBC staff

HSBC, Hong Kong, will allow its staff greater flexibility for work, by allowing them to work at least four days a week from their...

Wells Fargo CEO apologises for insensitive comment about Black talent

Charles Scharf, CEO, Wells Fargo, had, in a memo to the employees, commented that the talent pool in the corporate world in the US...

SBI to recruit 14,000 employees, VRS was not a cost-cutting measure

The State Bank of India (SBI) on September 7 announced that it is planning to hire 14,000 employees during the current year and that the VRS...

AIBNOF demands uniform guidelines across all nationalised banks

The All India Nationalised Banks Officers’ Federation (AIBNOF) has asked the Indian Banks Association (IBA) to implement a few uniform rules and guidelines across...

Banking sector slashes services and work hours

The Indian banking sector has decided to trim down its services for the mandated lock-down period, that is till March 31, 2020. The public...

Amit Vaish to move out of Barclays in mid-February

Amit Vaish, who has been heading HR for operations and technology (O&T) at Barclays, has decided to change track. He will soon be leaving...

SBI announces 8904 vacancies

The State Bank of India has announced its intention to fill 8,904 vacancies, including 251 backlog vacancies. Despite the weak employment situation in India, the...

Syndicate Bank, Union Bank of India and Vijaya Bank to issue...

State-owned Syndicate Bank hopes to raise up to Rs 500 crore by issuing shares to its staff under the employee stock purchase scheme. The...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

3% of global workforce laid off from Workday

Workday Inc., a provider of business software solutions, has announced that it will be cutting 3% of its worldwide workforce due to the current...

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...