Several global investment banks to move jobs out of London December 10, 2012 - 13:52 AMT PanARMENIAN.Net - Several global investment banks plan to move jobs out of the city of London to other locations, some within the UK, according to MarketWatch. Bank of America Corp. plans to move up to 2,000 back- and middle-office staff from London to Chester over the next 10 years. J.P. Morgan Chase & Co. plans to move about 1,000 jobs to Bournemouth in the UK, and an equal number of jobs to Asia. Deutsche Bank AG is slated to move sales traders to Birmingham in the UK. Partner news  Top stories Tigran Sargsyan noted that the new plant will be constructed after the current one is finally out of operation. IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices.   Partner news |  Latest news Sony cuts sales targets for digital cameras, smartphones, tablets  Sony trimmed its 2014-15 camera sales target to 1.3 trillion yen and now expects smartphone and tablet sales of 1.5 trillion yen.Hugh Jackman in "The Wolverine" action film trailer (video) The Marvel pic features Svetlana Khodchenkova and Rila Fukushima, whose appearances as Viper and Yukio are also teased.Google+ redesign for mobile web unveiled The search giant rolled out an image-centric design that resembles Pinterest's and Facebook's layouts.Apple, Google named most valuable global brands Both companies saw an increase in brand value over 2012, while IBM – which came in third on the list – saw a decrease in value. |
