There is a rumor circulating about Barclays IT

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Wd40
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Post by Wd40 » Thu, 27 Feb 2014 9:52 pm

Sergei82 wrote:Switched to retail banking last year. Also a bane???
That retail bank is also cutting costs in Singapore by moving jobs to KL and Tianjin(China). My friend has been asked to relocate to KL, he is on Optimum payrolls though.

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Sergei82
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Post by Sergei82 » Thu, 27 Feb 2014 9:54 pm

Wd40 wrote:
Sergei82 wrote:Switched to retail banking last year. Also a bane???
That retail bank is also cutting costs in Singapore by moving jobs to KL and Tianjin(China). My friend has been asked to relocate to KL, he is on Optimum payrolls though.
Lots of goodbye emails this week.

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Strong Eagle
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Post by Strong Eagle » Thu, 27 Feb 2014 11:18 pm

Sergei82 wrote:Switched to retail banking last year. Also a bane???

They may have cut back investment banking but they certainly haven't "switched".

From the article: "Of that sum, £237m went to investment bankers." and "The best employees, he warned, were constantly being "tapped on the shoulder" by other institutions".

You know he's not talking about the back office and support folks.

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Aragorn2000
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Post by Aragorn2000 » Thu, 27 Feb 2014 11:18 pm

Sergei82 wrote:
Wd40 wrote:
Sergei82 wrote:Switched to retail banking last year. Also a bane???
That retail bank is also cutting costs in Singapore by moving jobs to KL and Tianjin(China). My friend has been asked to relocate to KL, he is on Optimum payrolls though.
Lots of goodbye emails this week.
Scb?

:lol:

Tianjin guys are hopeless. What are they thinking?

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Barnsley
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Post by Barnsley » Fri, 28 Feb 2014 8:33 am

Strong Eagle wrote:
Sergei82 wrote:Switched to retail banking last year. Also a bane???

They may have cut back investment banking but they certainly haven't "switched".

From the article: "Of that sum, £237m went to investment bankers." and "The best employees, he warned, were constantly being "tapped on the shoulder" by other institutions".

You know he's not talking about the back office and support folks.

I am sure the tax payers of the UK are happy with the arrangement :D

Not sure how the Govt is gonna get its money back on the deal they made....

Maybe when Scotland becomes independent they Scottish Tax payer will foot the bill .... probably be less inclined to pay bonuses methinks.
Life is short, paddle harder!!

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