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Wolfowitz to Resign As World Bank President
Paul Wolfowitz lost his ferocious battle to hang on to his job as president of the World Bank yesterday, forced to make his exit after a bitter international controversy.

Wolfowitz Statement Expected Soon
Paul Wolfowitz is preparing to jump before he is pushed out of his job as president of the World Bank, according to sources inside the bank, bringing to an end a controversy that first erupted nearly six weeks ago.

Dream come True Jobs in Mumbai
It was not long back when people left their villages with a penny and made fortunes in "amchi Mumbai". Hundreds of job seekers till date head to "Mumbai- The Commercial Capital of India" for moulding their careers and why not? Mumbai has a job for all…may it be Advertising/ PR/ Media or a Technical Job, Infrastructure or automobiles, Finance/ Banking or Journalism/Creative writing.

Bank Investigates Contracts Linked to Wolfowitz
Paul Wolfowitz's grip on his job as president of the World Bank was shaken yesterday after the bank's governing council declared it had "great concern" and ordered an investigation into the contracts of staff connected to him.

Wolfowitz Defiant As Nations Seek to Push Him Out Over Job Scandal
A defiant Paul Wolfowitz was clinging to his job as president of the World Bank last night in the face of attempts by European countries to force his resignation over the scandal involving a promotion for his girlfriend.

Wolfowitz Charms Himself Into World Bank Job
Paul Wolfowitz yesterday wooed and won over sceptical European ministers with a pledge to fight global poverty, ensuring his selection later today as the next World Bank president.

Untouchables in New Battle for Jobs
India's lowest class raises its sights from the gutter. 'I couldn't get the bank job I wanted. When my father died I took his job as a sweeper'.

Citigroup to shed 1,000 bank jobs
Citigroup is preparing to cut around 1,000 jobs from its investment banking division as it grapples with both the downturn in world financial markets and simmering Wall Street scandals.

Egg Counts Cost of French Venture
Egg's plans for cracking France have pushed the online bank further into the red, despite a strong performance in Britain, it was announced yesterday. The bank, which is 79% owned by Prudential, the insurance company, is launching its French operation next month, creating up to 1,000 jobs there...

European Markets Slide
European shares tumbled in early trading on worries about the financial sector and Wall Street's losses on Friday. Banks shaved 11 points off the FTSE-100, with Lloyds TSB falling 2.9% and HBOS sliding 3.7% on reports that Germany's Commerzbank was about to cut more jobs, although the bank denied having financial difficulties.

Credit Suisse Cuts Another 500 Jobs
Credit Suisse Group, the Swiss banking giant, today said that it would cut an additional 500 jobs as it pares back its private client banking operations in Switzerland.

Fidelity, Bravery, Integrity - but no more bank jobs
Keeping tabs on terrorism may force the FBI to stop investigating America's favourite form of robbery.

AIB Sacks Six Executives at Us Subsidiary
Allied Irish Banks today sacked six executives at its US subsidiary after an investigation concluded that a rogue trader manipulated the "weak control environment". But Susan Keating, chief executive of Allfirst, AIB's subsidiary in Baltimore, Maryland, kept her job despite widespread...

Goldman Sharpens Axe
Goldman Sachs is about to embark on a radical overhaul of its business which will require a drastic 10% cut in its highly paid investment banking workforce worldwide. The scale of the job cuts at Goldman is likely to compound fears about a new wave of costcutting across the City and Wall...