Banking experience not needed as SocGen plans 2018 Hong Kong tech hiring

Banking experience not needed as SocGen plans 2018 Hong Kong tech hiring

Finance sector experience is now “a nice-to-have, not a perquisite” for working in banking technology, says the man tasked with expanding Societe Generale's tech team in Hong Kong next year. “Banks are competing for the same talent pool and it's become more difficult to find technologists who also
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Then vs. Now: Housing Markets That Remain Below Price Peaks

According to Nationwide's latest Health of Housing Markets Report, homeowners in these metro markets are more likely to be underwater in their mortgages. The report noted the national share of mortgages that have negative equity is near 5 percent, and that number doubles for homeowners who live
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Business News Roundup, Dec. 15

Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year home loan rate was down from 3.94 percent last week and 4.16 percent a year ago. The rate on 15-year, fixed-rate mortgages, popular with those refinancing their homes, was unchanged this week at 3.36 percent. The rate on
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Fox still plans to complete Sky takeover in Britain

The company says in a statement that Disney's purchase “does not alter 21CF's full commitment and obligation to conclude our proposed transaction to acquire … Disney is buying much of Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses.
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IBM taps big firms in quantum computing experiment

LONDON • International Business Machines (IBM) has signed up several prominent banks as well as industrial and technology companies to start experimenting with its quantum computers. JPMorgan Chase & Co and Barclays Bank are among 12 organisations IBM selected to get early access to its
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Huntington Bank announces new WV region leader

Chad Prather, currently the bank's head of corporate banking for its West Virginia region, will succeed Andy Paterno as Huntington Bank's West Virginia region president, the bank announced Thursday. The responsibilities of the position include leading the bank's 250 employees in the region, along with
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Canada's Oil Capital Is Making the Leap Toward Renewable Energy

The government of Alberta — home to the world's third-largest oil reserves — on Wednesday auctioned off 595 megawatts of renewable energy capacity to be built in the province. That exceeded the government's target of 400 megawatts. The process marks a major step for Alberta — Canada's largest
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Rubio Might Be the Last Hurdle Left for the GOP Tax Plan

Bloomberg. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Trump's Jerusalem Decision Hands Iran a Powerful Tool

The Palestinians' cause has been eclipsed by the broader convulsions in the Middle East. Now, Tehran can use it to increase its influence in the region. By. Donna Abu-Nasr. @DonnaAN1 More stories by Donna Abu-Nasr. December 13, 2017, 9:01 PM PST. A Palestinian protester in Ramallah.
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Banking watchdog acts to open up industry to foreign capital

The China Banking Regulatory Commission said it will continue to facilitate the opening of the domestic banking industry and support foreign capital as it engages in China's financial market more extensively, according to an announcement posted on its official website on Wednesday. As for the further
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Embattled EPA Chemical Safety Nominee Withdraws After Criticism

Michael Dourson, a former chemical industry consultant who was tapped to oversee chemical safety at the Environmental Protection Agency, withdrew his nomination after Republican senators raised concerns about his past work and possible conflicts of interest, according to a Trump administration
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Hotels Add 'Panic Buttons' to Protect Housekeepers From Guests

In internal documents reviewed by Bloomberg News, AHLA wrote that the union-backed “panic button message” was “deemed by many experts and hoteliers to be a solution in search of a problem.” At the time, the trade group also said it planned to combat municipal proposals like Seattle's and those
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Xi to Discuss North Korea and Trade With South Korea's Moon

Chinese President Xi Jinping will meet with South Korean counterpart Moon Jae-in in Beijing later Thursday for talks on North Korea and trade, as tensions between the two major Asian economies begin to thaw after a spat over Seoul's deployment of a U.S. missile shield.
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Outlook for housing market remains subdued: RICS

Budget changes to stamp duty have not yet had any discernible impact on the housing market, according to the latest survey from the Royal Institute of Chartered Surveyors. The UK housing market remained subdued in November, according to the RICS residential market survey, with the main indicators
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Coconut, star of many food trends, bakes up beautifully in pound cake

Now, when many a fruit is packing it in, padding the 401(k), picking out real estate in the Keys, coconut is taking on the 21st-century challenge: retooling, again. Coconut's got new skills: not just meat and milk, but oil, sugar and flour. A cake mixed from coconut components might, the baker reasons,
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'Stranger Things' and 'Glow' Push Netflix to a Bevy of SAG Nominations

Fresh off a strong showing at the Golden Globe announcements earlier this week, Netflix is once again racking up Hollywood award nominations for the streaming giant's growing portfolio of popular movies and television series. On Wednesday, Netflix led the field in total nominations for next year's
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State's New Monthly Pot Sales Numbers Show Interesting Trends

With its earning power under a microscope since the debut of legal sales, pot and the money it brings in continue to make headlines. While anyone interested in learning the state's sales figures could calculate those numbers based on cannabis sales-tax rates and revenue data, the DOR's decision now
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US Bank Raises Prime Lending Rate to 4.50 Percent from 4.25 Percent Effective December 14, 2017

MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.50 percent from 4.25 percent, effective tomorrow, December 14, 2017, at all U.S. Bank locations. U.S. Bancorp last announced a change in its prime lending rate on June 14, 2017, when it
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Tax Overhaul Could Be Big Win for US Real Estate Investors

In the weeks since the House of Representatives unveiled its tax plan, on Nov. 2, housing experts have warned of its potential effects on the U.S. housing market. Proposed changes to the treatment of mortgage interest and state and local taxes could reduce incentives for buying a new home. Potential
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Cape May County takes on cyber threats at workshop

Hamilton said his unit is currently investigating an incident where scammers stole about $800,000 from a local title company during a real estate deal. … So, the presenters said, companies and municipalities should do what they can to bolster security and mitigate risks before an attack happens.
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