RBS to cut 30K jobs & shrink investment banking business
(21 Feb) - Royal Bank of Scotland is to shrink its investment banking and international operations as part of a revamp in which the group could shed up to a quarter of its 120,000 workforce, sources familiar with the matter said on Friday. The part-nationalised bank has given in to demands from politicians that it focuses on...
CapitaLand CEO: Challenges ahead for SG property market
Capitaland: Expect US rates to rise in 2015. Lim Ming Yan, CEO of Capitaland, discusses how Fed tapering and rising bond yields will hit property prices in Southeast Asia. (19 Feb) Following the Singapore government's repeated efforts to rein in home prices, the city state's residential market will come under further pressure,...
Crunch time for TPPA
Old trade deal wine in new bottle. Perhaps the most controversial issue that the negotiators will debate is whether to include a NAFTA-style investment chapter in the Trans Pacific Partnership trade agreement. (17 Feb) As Trade Ministers and negotiators meet this week in Singapore for another round of Trans Pacific Partnership...
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