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News & Commentary
Content tagged with Management Strategies posted in July 2012
JPMorgan Chase Consolidates Operations, Shuffles Executives
News  |  7/27/2012
JPMorgan Chase announced that it is accelerating the merger of several of its businesses and adding new roles for several of its executives.
Royal Bank of Canada Completes Acquisition of Global Investor Services Business
News  |  7/27/2012
Dexia Investor Services Limited will be rebranded as RBC Investor Services.
IT Salary Survey: Outlook Points to Cautious Optimism
Slideshows  |  7/24/2012
The past several years have certainly been rough sailing for the financial services industry, but the market for IT talent in the sector is on the rise, according to the "2012 InformationWeek IT Salary Survey." After several years of painful cuts, the job market is improving, albeit at a slower pace than before the financial crisis.
USAA, Mitek Legal Battle Rolls On
News  |  7/19/2012
The two parties are each claiming the other misappropriated mobile RDC technology.
Bank of America Plans $3 Billion in New Cost Cuts
News  |  7/18/2012
Bank of America Corp said it plans to slash costs by $3 billion annually in commercial lending, investment banking and wealth management, becoming the latest big bank to take aim at expenses in a sluggish economy.
PayPal Acquires Mobile Credit Card Payments Startup
News  |  7/18/2012
PayPal announced its acquisition today of, a tech startup working on using smartphone cameras to capture credit card information.
Mobile Payments Firm M-Via Changes Name to Boom Financial
News  |  7/18/2012
The mobile payments company also announced it just closed a $17 million financing round.
Big Four Banks Expected to Post Profits For Second Quarter, Report Says
News  |  7/16/2012
A new report by SNL Financial says that the "big four" banks will post modest profits for the second quarter despite unsure economic conditions.
Bank IT Spending on the Rise
News  |  7/16/2012
Latin America and the Middle East are growth regions, while North America and Europe remain stagnate at best, according to an IDC financial Insights report.
KeyCorp Promotes William L. Hartman to Chief Risk Officer As Chuck Hyle Retires
News  |  7/13/2012
Hartman, who worked at Citigroup for 29 years before joining KeyCorp, will assume the role immediately.
Barclays Faces Tough Search For Next Diamond
News  |  7/3/2012
Barclays Plc has few obvious candidates who would be able to restore the British bank's tarnished image after the departure of Chief Executive Bob Diamond.

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