Browsing: financial services

Lloyds Banking Group has decided to relocate skilled IT roles from the UK to India, according to a report by the Financial Times. This move aims to enhance efficiency and reduce costs, reflecting a broader trend in the banking sector towards offshoring.

Japan’s prosecutors are set to pursue penalties against former executives of SMBC Nikko Securities for alleged misconduct. This move highlights ongoing scrutiny within the financial sector as authorities crack down on corporate malpractices.