Goldman set to axe 2000 London jobs, report
Goldman Sachs is preparing to transfer as many as 2000 staff out of London to the EU if the UK were to lose its passporting rights.
Will Willitts writes on finance, company news, markets and monetary policy. Based in Sydney, Will is an online business editor; he previously was a correspondent and editor with Reuters and Bloomberg. His career has spanned Europe, the US, Canada and Latin America.
Goldman Sachs is preparing to transfer as many as 2000 staff out of London to the EU if the UK were to lose its passporting rights.
Australia slips further behind in global competitiveness, trailing Luxembourg and Belgium. New Zealand rose three spots.
The US wants Deutsche Bank to pay $US14 billion to settle GFC mortgage-securities probes, the Wall Street Journal reported.
Vancouver home sales, which skyrocketed like Sydney's, fell 26 per cent last month on the bite of a new foreign buyer tax.
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The Reserve Bank of New Zealand cut rates a quarter point to 2 per cent because of uncertain global growth.
After a reporter leaked its March interest rate cut, the RBNZ isn't taking any more chances with traditional media and will now use Twitter ...
A lesson for Sydney? Vancouver begins slapping foreign property buyers with a 15 per cent tax to cool an overheated market.
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Canada's central bank governor has joined RBA governor Glenn Stevens in warning about frothy property markets that may come undone.
Gina Rinehart places No. 51 on Forbes' list of the world's most powerful women, among the 'smartest and toughest' female business leaders, s...
Fisher & Paykel Healthcare said its full-year net profit rose 27 per cent to to $NZ143.4 million in the year ended March 31.
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Macquarie Group has reiterated its guidance that it expects its second-half results to be lower than the previous six months.
Medibank Private has appointed Craig Drummond as chief executive effective on July 4 after an "extensive global search", the health insurer ...
Headline US news late last week was that economic growth was revised higher to 1.4 per cent. Less reported was US corporate earnings falling...
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