global financial company in news
Yahoo!'s Yang steps down as CEO
News under fierce financial pressure, has begun a search to replace company co-founder Jerry Yang as chief executive, the company said Monday. In a statement, Yang claimed he had moved the... [18 Nov 2008]
BT to axe 10,000 staff
News However because of the reduction in profitability in BT Global Services, group Ebitda is likely to show a small decline in the current financial year. As part of an ongoing group drive to cut costs, BT... [13 Nov 2008]
Betfair spins into financial trading
News The website currently only offers financial spread betting - and a high low betting game based on movements of the FTSE 100 - as it awaits authorisation from the FSA, expected in early 2009. That sits between ordinary... [10 Nov 2008]
$505m deal sees TCS swallow Citi's BPO
News According to TCS COO, N Chandrasekaran, the deal will allow the company to expand its offerings to large financial services companies and allow the outsourcer to create banking processing platforms by... [09 Oct 2008]
Credit crisis sees eBay slash 1,000 jobs
News Investors are concerned the US housing slump, higher fuel prices and a growing financial crisis are taking a greater toll on eBay's auctions. The most significant layoffs in the company's history will... [07 Oct 2008]
SAP sales drop as credit crunch looms large
News German software maker SAP warned its sales had abruptly dropped off in the last two weeks of September as companies cut back on computer-related spending due to the widening financial crisis. SAP, the world's biggest... [07 Oct 2008]
Purple dragons pimp security for Unilever
News It launched its security drive on its own private complex in the virtual world, a gleaming glass office on a sun-drenched leafy island, looking out on a glistening sea.silicon.com Financial Services Get the latest... [29 Sep 2008]
Tech leaders honoured at glittering CNET Awards
News The CNET Networks UK Business Technology Awards 2008 at London's Park Lane Hilton hotel saw impressionist Jon Culshaw host a night celebrating the best of IT in 16 categories, covering financial services, retail and the... [24 Sep 2008]
Oracle gets collaboration buzz with Beehive
News The latest version will include enhanced financial applications, with an emphasis on offering more global financial management capabilities, as well as adding supply chain and... [23 Sep 2008]
IT demand is weakening, warns Dell
News While neither company mentioned the financial sector specifically, they were the first major US technology companies to warn investors since a series of financial shocks in recent days.... [17 Sep 2008]
HP to slash tens of thousands of jobs
News The company said that, of that charge, $1.4bn will be recorded as goodwill, and $300m will be recorded as a restructuring charge that will be included in its financial results. The... [16 Sep 2008]
Dell records slide in quarter profits
News Dell chief financial officer Brian Gladden said in a statement: "Strategic actions to accelerate growth in certain areas of our business affected gross margins this quarter. Dell's outlook is for slower spending -... [29 Aug 2008]
Travelex deal opens GlobalPay to Coda
News The payments system allows businesses to streamline and automate foreign payments and was set up to position the company in the FTSE500 space, according to TGBP alliance and partnerships manager Will Beattie.silicon.com... [05 Aug 2008]
Skype calls on ex-Motorola exec
News And even though it is by far the most successful VoIP services company in terms of users with 309 million registered users worldwide, it hasn't been a financial success for eBay. And in a previous role... [02 Jul 2008]
Exclusive: UK's top CIO revealed
News Go to the CIO50 special report where you can read the CIO profiles, view the full list of 50; and navigate to see the top 10 CIOs; the top female CIOs; and breakdowns by financial services, retail and public sector. [11 Jun 2008]
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