Lawrence White

All stories by Lawrence White

Four US investment banks offer support for London after Brexit vote
Rediff.com7 Jul 2016

JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as...

Clouds over Britain's financial sector after Brexit vote
Rediff.com24 Jun 2016

A leave vote means the future of Britain's financial services industry is now hanging...

Standard Chartered finds diamonds no longer a bank's best friend
Rediff.com14 Jun 2016

Standard Chartered said it will stop providing financing to parts of the diamond and...

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts
Rediff.com16 May 2016

Many of the jobs will now be offshored to lower income countries such as India, China...

StanChart to axe 15,000 jobs, raise $5.1 billion in turnaround plan
Rediff.com3 Nov 2015

This is part of an 'aggressive and decisive set of action' to shore up the company.

HSBC to cut up to 50,000 jobs, slash investment bank
Rediff.com9 Jun 2015

The job cuts will affect almost a fifth of the bank's workforce.

Standard Chartered to axe 4,000 retail bank jobs globally
Rediff.com8 Jan 2015

As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity...

Barclays to cut 70 jobs in Asia investment banking
Rediff.com24 Jan 2013

The total number of staff to be cut has not been finalised but could be as high as 90...