Germany agrees to take up banking levy

first_img KCS-content Show Comments ▼ Germany agrees to take up banking levy whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny Tags: NULL Germany’s cabinet yesterday agreed to adopt a levy on bank assets which will raise around €1bn (£818m) a year for bailouts, a government source said, a move that small lenders slammed.Small banks complained the new bank restructuring bill fails to rule them out as potential contributors toward a common pot for rescuing big banks, whose collapse would send shock waves through the financial system.The levy aims to shift the cost of bailouts to the private sector in a bid to avoid future taxpayer-led salvage efforts.The bill, which is expected to come into force next year after parliamentary approval, would also give the state powers to coordinate restructuring of banks struck by crisis.“We can’t understand the list of those called upon to contribute,” a spokesman for the association of German savings banks said. He added: “It’s like asking the driver of a small car to help pay the insurance for a large hazardous goods transporter.”Large banks would benefit at the expense of smaller and stable lenders, the spokesman said. Share Wednesday 25 August 2010 8:44 pmlast_img read more

BA and Unite set to resume strike talks

first_img Share Monday 30 August 2010 9:23 pm whatsapp BA and Unite set to resume strike talks whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof British Airways and union Unite, which represents 90 per cent of the airline’s cabin crew, are likely to meet again this week in a bid to end potential strikes that would cause travel chaos.Unite general secretary Tony Woodley was forced to reassure BA staff the union is committed to ending the dispute without damaging strike action after talks broke down last week. The two sides are in a dispute over cabin crew pay and conditions, which has resulted in 22 days of strike so far this year. A key sticking point in resolving the dispute, which originally centred around cuts to pay and staffing levels, has been BA’s decision to remove travel perks from cabin crew who took part in the strikes. KCS-content Tags: NULLlast_img read more

Unite threatens fresh strike ballot as bullying feud ignites

first_imgTuesday 31 August 2010 9:16 pm whatsapp Show Comments ▼ whatsapp Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPuffer fish snaps a selfie with lucky divernypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Unite threatens fresh strike ballot as bullying feud ignites TENSIONS between British Airways (BA) and Unite were re-ignited yesterday over allegations of bullying as the trade union representing the airline’s cabin crew warned of a possible fresh wave of strikes to be held over the Christmas period.An unresolved dispute over bullying allegations made by the union and BA staff during the previous 22 day strike period was unearthed yesterday after it was revealed that more than 80 BA staff were suspended and 13 sacked because of incidents related to the strike.BA said that most of the suspensions have related to “allegations from other employees of bullying and intimidation” and that it could not ignore them. A statement said: “Investigations into any allegations are conducted under the company’s disciplinary procedures, which have been in place for many years, are fair, open and transparent and are agreed with all our trade unions, including Unite.”The union has warned that the airline’s disciplinary action could cause a roadblock to peace talks, as the two are set to meet next week in a bid to end their bitter dispute. But Unite has warned that a fresh strike ballot could be held if no progress is made, threatening to disrupt Christmas travel. Tags: NULL KCS-content last_img read more

Rank sees a lift from gamblers

first_imgThursday 7 October 2010 8:07 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content Rank sees a lift from gamblers whatsapp Share BRITISH gaming firm Rank Group forecast its full-year performance would be around the top of analysts’ estimates after all its businesses improved during the third quarter.Analysts are expecting full-year pre-tax profit to range from £48m to £53m compared with £49m for 2009, Rank, owner of the Mecca bingo hall and Grosvenor casino chains, said like-for-like revenue for the third-quarter, which ended on 2 October rose seven per cent, driven by strong performances from Grosvenor and Rank Interactive, while total revenue for the period was up eight per cent.For the year to date, like-for-like revenue was up four per cent and total revenue seven per cent higher.“Whilst the consumer environment is likely to remain challenging for some time to come, the group is in a strong financial position and has made considerable progress in improving the standard of its products and services,” it said in a trading statement. Rank, which plans to roll out 10 more casinos over northern and central England over the next few years, said like-for-like revenues at Grosvenor and its interactive unit rose nine per cent on higher customer visits and spend. Rank Interactive’s like-for-like revenues jumped 26 per cent. Mecca Bingo achieved like-for-like growth in revenue as spending per head improved. whatsapp Show Comments ▼ Tags: NULLlast_img read more

Booker buys Courivaud to boost its hotel trade

first_img CASH and carry giant Booker yesterday bought a rival which supplies Michelin-starred restaurants and leading hotel chains.It paid £14.5m for Ritter-Courivaud, which counts chef Rick Stein among its customers.Booker wants to expand the range of its catering offering through Ritter, which will remain under the management of Ian Le Vesconte.Chief executive Charles Wilson said: “We want it to keep doing a great job for its customers, but we can offer scale, such as introducing Ritter sections in Booker outlets.”Booker has also spent £4.5m on Classic Drinks, which supplies beer, spirits and soft drinks to pubs.The firm posted pre-tax profits of £36.9m for the 24 weeks to 10 September on sales up 5.5 per cent at £1.7bn. The firm said it has appointed Guy Farrant, a former director of food at Marks & Spencer as managing director of UK business. Thursday 14 October 2010 8:22 pm Share Tags: NULL Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Booker buys Courivaud to boost its hotel trade center_img whatsapp KCS-content whatsapp Show Comments ▼last_img read more

Big businesses hit by a carbon stealth tax

first_img whatsapp Tags: NULL Show Comments ▼ KCS-content Big businesses hit by a carbon stealth tax Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap GREEN energy campaigners were horrified yesterday as the government quietly introduced a shock £1bn stealth tax on firms’ carbon emissions.Amid a spending review which was generally positive for the cleantech industry, the coalition said it would scrap plans to “recycle” contributions to the Carbon Reduction Commitment (CRC) energy efficiency scheme back to the organisations performing best on the emissions scale. Instead, the money raised will be poured back into Treasury coffers to support the public finances.The CRC, introduced in April, is designed to target the UK’s largest businesses and public sector bodies by forcing them to purchase carbon allowances if they use over 6,000 MWh of electricity per year.However, the original scheme acted as an incentive to big firms to improve their energy efficiency record, since revenue raised from the allowances was set to be recycled back to organisations on a declining scale based on their carbon performance.Industry figures yesterday warned that scrapping plans to recycle revenue back to organisations would turn the scheme into a stealth tax and would no longer incentivise firms to try and reduce emissions.Roman Webber, Deloitte’s UK renewable energy head, said the measure came as a “big shock” to the industry. “It was unexpected and may turn a previously revenue neutral scheme into a carbon tax,” he said.Stephen Robertson, director-general of the British Retail Consortium, said he was “surprised and dismayed” at the move, which he said would hit retailers particularly hard since they use a lot of property.City organisations which operate from expansive properties designed to accommodate large numbers of staff will also be adversely affected. Many firms have already put in place schemes to bring down their carbon emissions, including installing solar panels or greenery on rooftops. Share whatsapp Wednesday 20 October 2010 8:31 pmlast_img read more

Go-Ahead in bullish mood as defies cuts

first_img KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Show Comments ▼ whatsapp Share Tuesday 26 October 2010 8:09 pmcenter_img Go-Ahead in bullish mood as defies cuts TRANSPORT group Go-Ahead reported a good performance in rail despite economic woes and indicated fare hikes and cost cuts should protect it from public spending reductions.Go-Ahead, which runs the Southeastern, Southern and London Midland rail franchises and buses in the UK, said train passengers and revenue increased despite the tough economy between July and October.Revenue at Southern rose more than six per cent, London Midland lifted over seven per cent and Southeastern got a boost of more than a tenth against last year.The government last week unveiled rises of inflation plus three per cent in regulated fares for three years from 2012, with fares in January also set to rise above inflation, but ministers confirmed plans for projects including London’s Crossrail.Go-Ahead expects to meet annual profit expectations and said the spending review should not directly affect the group this year.Finance director Nick Swift said it would manage a planned 20 per cent fall in government support for buses by better buying of parts and fuel.He said the firm, which shed about 100 jobs from Southeastern about 18 months ago, was not replacing staff who leave, but big job cuts were unlikely. “It’s not as bad as some investors feared. Clearly (fare rises) are not fantastic if you’re a commuter, but the government needs to save some money.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.com Tags: NULLlast_img read more

Osborne: We will help our friend in need

first_imgMonday 22 November 2010 8:11 pm Osborne: We will help our friend in need THE chancellor yesterday said Ireland was a “friend in need” that Britain would support, likely with a direct loan that will run into billions of euros. George Osborne said the loan would probably be in the “billions, not tens of billions”, but declined to give any further details of the package being discussed.Britain will not charge Ireland a “punitive” rate of interest, Osborne said. “We are not seeking to make a buck out of this. We are looking to help a friend in need,” he added. Any bilateral loan would come on top of Britain’s contribution to the €60bn European Financial Stability Mechanism (EFSM), which former chancellor Alistair Darling signed up to in May.However, aides to the chancellor told City A.M. that Britain would cap its overall contribution at around £7bn. If it has to pay more than expected into the EFSM, it will reduce the bilateral loan accordingly, they said. Meanwhile, Osborne said he would oppose any attempts to top up the EFSM to “make good” on the bailout package that has been promised to Ireland, and confirmed the UK would not sign up to any future Eurozone bailout initiatives. Britain is not a contributor to the much-larger €440bn European Financial Stability Facility. Despite dissent on virtually all sides of the House of Commons, Osborne staunchly defended his decision to help Ireland.He said: “We have strong economic relations with Ireland. Ireland accounts for five per cent of Britain’s total exports abroad. Indeed we export more to Ireland than to Brazil, Russia, India and China put together.” Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content whatsappcenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndo whatsapp Show Comments ▼ Tags: NULLlast_img read more

BEST OF THE BROKERS

first_imgTuesday 23 November 2010 7:14 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share Show Comments ▼ whatsapp MITIE GroupRBS says Mitie’s interim results were four per cent higher than expectations, but that the next six months are critical, since new contracts would justify a substantial step up in Mitie’s bid costs. RBS’ reduced forecast and target price assumes that these contracts are not secured. Wins would catalyse upgrades and a rerating, RBS says. RBS reiterates its “buy” rating but reduces its target price from 290p to 270p.MITIE GroupRBS says Mitie’s interim results were four per cent higher than expectations, but that the next six months are critical, since new contracts would justify a substantial step up in Mitie’s bid costs. RBS’ reduced forecast and target price assumes that these contracts are not secured. Wins would catalyse upgrades and a rerating, RBS says. RBS reiterates its “buy” rating but reduces its target price from 290p to 270p.PROVIDENT FINANCIALEvolution Securities expects Provident’s investor day to build on the analysis of the impact on home credit of the recent Comprehensive Spending Review. Colour may also be given on how the company has traded over the last month, it believes. However, Evolution doesn’t expect anything specific on funding. “Provident remains a cheap, lower beta play,”?it says. Reiterates its “buy” rating. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comcenter_img BEST OF THE BROKERS whatsapp KCS-content Tags: NULLlast_img read more

JP Morgan to hire 100 corporate bankers

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald JP Morgan to hire 100 corporate bankers Share whatsapp whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Show Comments ▼center_img John Dunne Friday 10 December 2010 2:28 am JPMorgan Chase & Co is hiring 100 corporate bankers outside the United States, in a bet that loan demand in the rest of the world will grow faster than in the bank’s home base.The bank is planning to add to the 200 international bankers it already has over the next two years, with the aim of selling more JPMorgan products to the biggest 3,000 companies worldwide.“We have a pretty aggressive plan to expand in 2011,” Greg Guyett, chief executive of the global corporate bank, told Reuters in a recent interview in London.Guyett was named late last year to head the global corporate bank, which is a joint venture between JPMorgan’s investment bank and its treasury and securities services unit, which processes payments.“We’re trying to do more things with the same clients – that’s job No. 1,” Guyett said.While JPMorgan has always had a global investment banking business, historically it has not been a big lender outside of the United States, unlike other large commercial banks such as Citigroup and HSBC.Now it is ramping up that business, and also hoping to sell clients products like trade finance and basic deposit accounts around the globe.Selling more products to customers, an idea known as “cross-selling” in the industry, has become a popular buzzword for U.S. banks seeking to show they can increase revenue even as expectations for U.S. economic growth remain low.JPMorgan is not alone is looking to developing markets to bolster revenues – Citigroup has also said it is focussed on expanding its already substantial business outside of the United States.Latin America will be one area the global corporate bank focuses on in 2011, Guyett said, noting that other areas where JPMorgan is expanding include India, China and Southeast Asia.To support the global corporate bank, the treasury and securities services business rolled out new branches in countries such as Saudi Arabia this year, and it opened a slew of branches in the Nordic countries two years ago.“These are areas where our clients are growing and where our clients want us to grow,” said Claudia Slacik, chief executive of treasury and securities services in Europe, Middle East and Africa.JPMorgan’s large investment bank is then able to offer a wide range of products to clients in these countries, via the network of corporate bankers, explained Daniel Pinto, co-chair of the investment bank in Europe, the Middle East and Africa. Tags: NULLlast_img read more