Bank of America to cut over 3000 mortgage jobs
Tehran - FNA
Bank of America, one of the largest banks in the US, will lay off more than 3,000 workers in its mortgage division in the fourth quarter, according to several reports. According to The Wall Street Journal, this week the bank told about 1,200 workers they’d be let go. They included servicers in the legacy mortgage division, as well as mortgage processors who work in new loans. \"In line with the industry, we are realigning our cost structure in response to lower customer demand for mortgage refinancing. We are working with employees to identify opportunities both inside and outside the bank,\" said an official spokesperson for the bank.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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Mirages of failure: Lebanon cannot wait
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Experts advise on managing climate change aid
GMT 19:57 2018 Tuesday ,23 January
Farm-fresh from Kerala to the UAE, in just one day
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Space feat opens 'new window'
GMT 09:10 2017 Monday ,15 May
President el-Sisi praises UAE's development support to Egypt
GMT 02:21 2016 Monday ,26 December
Head of ERTU news sector: Aljazeera correspondent works
GMT 11:53 2017 Saturday ,27 May
Scholars arrive in UAE for Ramadan lectures
GMT 19:32 2017 Friday ,10 February
Partly cloudy, no change in temperatures
GMT 19:55 2018 Sunday ,14 January
Hamas says will not attend Palestinian meeting over Jerusalem
GMT 21:54 2017 Monday ,16 October
Daimler recalls million-plus vehicles over airbag problems
GMT 18:25 2017 Thursday ,24 August
Mohamed Amseef happy for joining team
GMT 09:36 2017 Thursday ,07 December
Heidy Karam’s contract to present talk show closeGMT 12:56 2011 Sunday ,18 September
Talal Hamieh appointed new Hezbollah military leader
GMT 05:13 2016 Wednesday ,19 October
YouTube signs up ‘The Rock’ for new channelGMT 15:34 2011 Friday ,18 November
UN :Climate change key driver of extreme weather
GMT 04:07 2016 Tuesday ,06 September
G20 leaders agree to further int'l financial institution reform: Xi
GMT 19:47 2017 Monday ,23 October
Arab Diplomatic Group presents talk on women
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All rights reserved to Arab Today Media Group 2021 ©
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