Several global investment banks to move jobs out of LondonDecember 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |