RBS to axe 30,000 jobs in restructure

Up to 30,000 jobs are set to go at the Royal Bank of Scotland (RBS), according to reports.

Banking sector should adopt voluntary standards to fix 'trust deficit', BSI warns

The financial services industry is failing to adopt voluntary standards crucial to rebuilding trust in banking, despite overwhelming support from those in the sector, a report published by the British...

Interim managers: Can they save the financial sector?

The financial sector is leading demand for interim managers as it emerges from a period of restraint into a more regulatory world. So what can these experts offer and what can they expect in return.

Bonus schemes can help employers recruit and maintain motivated employees

Sports Direct has hailed its share bonus scheme as an "absolute game changer" as around 2,000 staff who have stayed with the business since the bonus plan was introduced in 2009 reap large rewards.

Change management tops the agenda for HR departments in the financial sector

Change management is set to top the agenda across HR departments in the financial services sector for the remainder of 2013, according to financial recruitment firm Hays.

UK workforce facing savings crisis

The financial crisis has dented the UK's savings culture, according to research by Now Pensions.

EU Parliament rejects plans to curb fund manager bonuses

The European Parliament yesterday rejected proposals to ban fund managers from receiving bonuses that amounted to more than their annual salary.

Workers experiencing an 'unprecedented' fall in wages

The fall in wages since the financial crisis of 2008 has been larger than in any other five-year period on record, a study by the Institute for Fiscal Studies (IFS) has revealed.

Financial sector rewarding employees for "inappropriate behaviour" as trust in the City remains low, says CIPD research

More than half of employees in the financial sector believe people in their organisation are rewarded in a way that incentivises inappropriate behaviour, CIPD research published today has found.

Culture and compliance at Standard Chartered Bank, Tracy Clarke interview

Making HR fit with compliance and culture is the latest remit for Tracy Clarke, a woman who’s reached the top of Standard Chartered Bank via a lifelong career of hard work and catapults

Union anger over further redundancies at Lloyds Bank

Lloyds Banking Group has incurred union anger over plans to cut 850 jobs and close an office in Southend, Essex.

Financial services sector facing recruitment challenges

The financial services sector is facing challenges in retaining and recruiting top talent, a survey from Robert Half has found.