Human resources

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Westpac launches Tech University to re-skill workforce

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Westpac launches Tech University to re-skill workforce

Westpac is preparing for a revolution in IT working practices by cutting out traditional hierarchies and re-equipping its workforce with the skills to survive and thrive in a digitally disruptive world.

OCBC Bank rolls out HR app and chatbot for employees

/Human resources

OCBC Bank rolls out HR app and chatbot for employees

OCBC Bank is putting HR in the pockets of its employees with a mobile app and chatbot integrated with the bank's human resources information system.

Scottish University creates fintech degree course

/Human resources

Scottish University creates fintech degree course

The University of Strathclyde has launched a Masters of Science (MSc) programme in fintech, what it claims is the first such course in the UK.

A third of London's City workers could face relocation in wake of Brexit - survey

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A third of London's City workers could face relocation in wake of Brexit - survey

Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.

Hedge fund boss welcomes day when computers take over

/Human resources

Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

Barclays to close Texas tech centre

/Human resources

Barclays to close Texas tech centre

Barclays Bank is calling time on a technology centre it set up in McKinney, Texas less than two years after opening the site.

Deutsche Bank to issue update on IT overhaul - FT

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Deutsche Bank to issue update on IT overhaul - FT

The executive charged with the job of overhauling Deutsche Bank's IT systems is due to give her first progress report this Friday, according to the Financial Times.

Tech revolution to wipe out 7.1 million jobs over next five years - WEF

/Human resources

Tech revolution to wipe out 7.1 million jobs over next five years - WEF

Up to 7.1 million jobs will be wiped out in 15 major economies during a fourth industrial revolution, as disruptive developments in artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics and biotechnology come to the fore, says the World Economic Forum.

Immigration clampdown could harm UK's digital economy, warn fintech start-ups

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Immigration clampdown could harm UK's digital economy, warn fintech start-ups

A consortium of UK startup bosses have petitioned the government over plans to curb the numbers of skilled migrants, warning that such a clampdown could instead curb the growth of the UK's digital economy.

Lloyds creates digital skills training course for IT staffers

/Human resources

Lloyds creates digital skills training course for IT staffers

Lloyds Banking Group tech staff are to gain access to a bespoke 'Digital Foundations' course as part of a group-wide effort to equip employees with the tools and training necessary to drive innovation across the organisation.

Barclays hunts for new recruits with gamified trading platform

/Human resources

Barclays hunts for new recruits with gamified trading platform

Barclays is to test the skills of budding traders with the opening of a virtual investment platform from US-based gamified recruitment startup Stockfuse.

Fintech sector lifts Irish jobs market

/Human resources

Fintech sector lifts Irish jobs market

Ireland has received a timely boost to its employment figures thanks to the creation of almost 500 new jobs in the country's blossoming fintech industry.

Lloyds cuts 645 jobs; closes Warrington call centre

/Human resources

Lloyds cuts 645 jobs; closes Warrington call centre

Lloyds Banking Group is axing 645 jobs and closing a call centre in the town of Warrington, in a move branded "unjustified" by the Unite union.

BB&T turns to gamification for employee leadership training

/Human resources

BB&T turns to gamification for employee leadership training

US financial institution BB&T has developed a mobile gaming app designed to teach players valuable leadership skills.

Students to mentor Citi suits on digital strategies

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Students to mentor Citi suits on digital strategies

In a twist on the mentor relationship, University of Miami students are preparing to take senior Citi bankers under their wings, teaching the suits about social media and digital technologies.

Aviva accidentally fires all 1300 staff at investment arm

/Human resources

Aviva accidentally fires all 1300 staff at investment arm

Aviva Investors accidentally fired all 1300 of its global staff by e-mail on Friday, before realising its error and retracting the dismissals.

Icap names Deutsche Bank's Price COO

/Human resources

Icap names Deutsche Bank's Price COO

Interdealer broker Icap has appointed Deutsche Bank veteran Mark Price as group chief operating officer.

City IT contractor rates bounce back

/Human resources

City IT contractor rates bounce back

Pay scales for IT contractors in the City have begun to bounce back after the recession, as a Europe-wide shortage of skills for Solvency II and Basel III compliance coupled with renewed financial services investment drives up rates.

Internal report slams ANZ IT systems

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Internal report slams ANZ IT systems

ANZ's technology systems have been slammed in an internal review commissioned by the bank that warns a lack of IT investment could hit plans to become a regional superpower.

Lloyds cuts 570 jobs; looks to outsourcing

/Human resources

Lloyds cuts 570 jobs; looks to outsourcing

Lloyds Banking Group has outlined plans to cut another 570 jobs and outsource hundreds more as part of its ongoing integration of Hbos.

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