eFinancialCareers

After a surprising last minute rally, 52% of over 400 respondents to last week’s eFinancialCareers poll voted Macquarie Bank a heavyweight player in the London market. The result has left us a little mystified. OK, so Macquarie Bank may be in the running for the London Stock Exchange and may be a big force in the world of infrastructure investments, but Thomson Financial tells us the Australian bank ranked only 27... Read more

National Australia Bank is to slash jobs in its UK businesses by almost a fifth over the next 18 months to cut costs by A$285m (€169.8m) a year. NAB, which owns the Clydesdale Bank in Scotland and Yorkshire Bank in England, said on Wednesday that it is to axe 1,700 of its 10,300 UK staff. NAB said it was five months into its UK restructuring and has already informed 400 of those... Read more