Saturday, June 9, 2012

Bankers overhaul

  • COPENHAGEN, Denmark (Reuters) - Banks need a radical overhaul to boost profitability against the backdrop of tougher new rules and a grim economy - and they expect their customers to share some of the pain.
  • (Reuters India)
  • Soul-searching is Job 1 at a lot of banks. Thats the takeaway from a KPMG survey of more than 100 bankers due out Wednesday.
  • (American Banker Online)
  • London comedian Deborah Frances-White sees enough similarities between dating and finance that her act, "How to Get Almost Anyone to Want to Sleep With You," doubles as a career-counseling seminar for women bankers.
  • (Bloomberg)
  • The Reserve Bank of India (RBI) has called for a complete overhaul of human resource practices at banks Chakrabarty asked the bankers. Lenders often talk about the challenge of finding people keen to work in rural areas, he said.
  • (Business Standard)
  • It wants the bankers to evaluate strategies including an overhaul of its whole business model, as well as less dramatic moves such as expanding the BlackBerry platform through partnerships and licensing deals.
  • (montrealgazette.com)
  • Healthcare bankers say GSK has an advantage over rivals to buy Human Genome because the two have existing partnerships around key drugs. The two companies together sell Benlysta, a new drug for the autoimmune condition known as lupus.
  • (FOXBusiness)
  • the Bank in the recent past commenced steps to overhaul the KYC processes in banks, including the recently concluded customer account verification exercise.
  • (Vanguard)

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