Banking and insurance highlights to 15:45 BST |
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Mon, 26 Mar 2007 16:02
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2007-03-26 15:20:02Report: Citigroup may cut 15,000 jobsNEW YORK (AP) - Citigroup Inc., the nation's largest bank, is consideringcutting about 15,000 jobs, or nearly 5 percent of its work force, as part of arestructuring plan being developed to improve its financial performance,according to a report in Monday's edition of The Wall Street Journal.2007-03-26 13:50:21Mapfre sees revenues up to 15 bln eur in 2007; div up 40 pct yr-on-yrMADRID (AFX) - Mapfre SA said total revenues could reach as much as 15 blneur in 2007, compared with its current target of 14.5 bln, and up from 13.583bln a year earlier, chairman Jose Manuel Martinez said.2007-03-26 13:45:19American Physicians Service names COOAUSTIN, Texas (AP) - American Physicians Service Group Inc., a managementand financial services provider, said Monday it named Timothy LaFrey presidentand chief operating officer.2007-03-26 13:14:01Citigroup said to consider cutting jobsNEW YORK (AP) - Citigroup Inc., the nation's largest bank, is consideringcutting about 15,000 jobs, or nearly 5 percent of its work force, as part of arestructuring plan being developed to improve its financial performance,according to a report in Monday's edition of The Wall Street Journal.2007-03-26 12:28:29EU finance ministers to agree on single payments area from Nov 2009 - sourceBRUSSELS (AFX) - EU finance ministers will tomorrow reach an agreement onplans for a single European payments area (SEPA) to be implemented by 2009, anEU source said.2007-03-26 10:32:00EU's Kroes says barriers to retail banking services 'difficult to justify'BRUSSELS (AFX) - EU competition commissioner Neelie Kroes said there arebarriers to entry to core retail banking services that seem 'difficult tojustify'.
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