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04/07/2008

IT staffing issues remain a major concern, say execs

Finding the right IT staff remains a challenge for large companies, according to a roundtable of executives.



02/07/2008

CBI calls for service sector innovation

Slow down is opportunity for leadership and inspiration say business leaders



30/06/2008

Nationwide outsources networks to BT

Nationwide Building Society has handed its networks over to BT in a £160 million seven-year managed services agreement.


27/06/2008

London Stock Exchange and Lehmans to launch fast algorithm exchange

The London Stock Exchange and investment bank Lehman Brothers are to launch a high speed exchange platform as competition heats up from super-low latency rivals.


25/06/2008

Most businesses 'still failing' on PCI data security standard

The vast majority of businesses are still failing to comply with the Payment Card Industry’s data security standard, over two years after it became compulsory, according to a report.


23/06/2008

CIO News View: Is tech M&A frenzy good for business?

Deal-making has a downside for customers


11/06/2008

Lloyds CIO on re-organisation and board level mash ups

One year in Peter Hambling’s team are having fun and achieving status at insurance group


06/06/2008

HSBC renews Capgemini IT deal

HSBC has renewed its IT services deal with Capgemini for a further two years.


04/06/2008

Bradford & Bingley debacle caused by 'hopelessly antiquated IT'

Bradford & Bingley stunned the City of London yesterday by pulling a rights issue amid claims that poor IT systems meant its directors lacked proper visibility of the business.


03/06/2008

Britannia goes live with SAP HR self-service

Britannia Building Society has gone live with a self-service human resources module from SAP.


02/06/2008

Bank loses 4.5 million unencrypted customer records

Bank of New York Mellon have confirmed that a box of unencrypted data storage tapes holding personal information of more than 4.5 million individuals was lost more than three months ago by a third-party vendor during transport to an off-site facility.


29/05/2008

JP Morgan Chase to bring payment systems back in house

JP Morgan Chase will bring payment systems back in-house after a joint venture with processing firm First Data is terminated at the end of the year.


28/05/2008

Norwich Union set to outsource 250 IT jobs

Norwich Union is considering outsourcing up to 250 IT infrastructure jobs, as parent Aviva continues work on a large efficiency drive.


20/05/2008

Citi to eliminate £1.5bn of IT costs in overhaul

Citigroup, the beleaguered bank, is attempting to cut £1.5 billion of annual IT costs as it overhauls its business.


15/05/2008

Lloyds TSB axes 450 more IT staff in offshore move

Lloyds TSB is cutting 450 IT jobs as it moves more positions to India.


06/05/2008

UBS IT staff fear for jobs

Banking giant UBS has announced plans to cut 5,500 jobs.

“Prudent” Lloyds TSB could weather banking crisis

Cost management and good investments provide a cheery banking story

RBS in talks over job cuts as ABN integration progresses

Reports say 7,000 job cuts, but no clarity on IT impact


02/05/2008

PwC signs payroll BPO deal with Logica

Accountancy firm PricewaterhouseCoopers has signed a deal for Logica to provide it with business process outsourcing for its payroll services.


30/04/2008

Strong UK market benefits Standard Life

Efficiencies continue to improve Standard Life performance


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