Lojas Renner S.A., the second largest apparel department store in Brazil, Management Comments The results for this third quarter reflect the consistency of the Company's view held since early 2012 of acceleration in economic activity in ...
Tags: apparel, Lojas Renner S.A., third quarter, Gross Margin
Xerox is restructuring its European services business which will see senior staff and sales people let go as the company shies away from growth in preference for protecting what it has. As exclusively revealed by ComputerWeekly the ...
Computerworld-The financial services sector in New York City and New Jersey are dusting off disaster recovery plans and bracing for a storm that could bring 80 m.p.h.-plus winds and major flooding. Hurricane Sandy could not have been ...
Tags: financial services sector, Hurricane Sandy, tracking services
The cloud played a pivotal role in separating insurance group Direct Line from parent company the Royal Bank of Scotland(RBS)to launch on the stock market. Direct Line had less than 6 months to re-engineer its HR process to prepare for an ...
Tags: Cloud HR, share offering, RBS, Peoplesoft system
Royal Bank of Scotland (RBS) will dedicate £80m of its billion-pound-plus IT budget to eliminate problems caused by its IT infrastructure being made up of mainframes patched together following multiple corporate acquisitions. Over ...
Tags: RBS, IT budget, IT infrastructure, mainframes
Downturn drives renegotiation Position of strength Haggling Change is good Organisations in many sectors seek to renew the terms in their contractual agreements as they adjust to the economic climate. IT outsourcing is going through a ...
Tags: outsourcing contracts, economic downturn, cloud, economic climate
HSBC has restored its online banking services after a distributed denial of service(DDoS)attack. HSBC said servers had come under a DDoS attack which affected HSBC websites around the world. The DDoS attack on HSBC did not affect any ...
Tags: HSBC, online banking services, distributed denial of service attack
Bank of Scotland, part of the Lloyds Banking Group, has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder, which ...
Tags: Bank of Scotland, Lloyds Banking, FSA, Tracey McDermott
Bank of Scotland,part of the Lloyds Banking Group,has been finedGBP4.2m by the Financial Services Authority(FSA)for failing to keep accurate records of the mortgage payments of 250,000 Halifax customers. The blunder,which persisted from ...
Tags: Bank of Scotland, Financial Services Authority, mortgage records system
Ohio National Financial Services(Ohio National),a US-based provider of insurance products,has deployed Insurance Technologies'FireLight solution for electronic term life insurance business processing. The FireLight will enable Ohio ...
Cyber crime costs UK organisations an average of £2.1m a year each, according to the 2012 Cost of Cyber Crime study by the Ponemon Institute. The cost of attacks on UK organisations range between £400,000 and £7.7m, the ...
Tags: cyber crime costs, cyber attacks, theft, information assets
The websites of several Swedish government agencies were knocked offline on Friday. The website failures coincided with threats by hacktivists, claiming to be members of the Anonymous collective, to launch a cyber attack against Swedish ...
Tags: Swedish government, hacktivists, Anonymous collective, cyber attack
An international gang of cyber crooks is plotting a major campaign to steal money from the online accounts of thousands of consumers at 30 or more major U.S.banks,security firm RSA warned. In an advisory Thursday,RSA said it has ...
Tags: Cybercriminal, Trojan Attack, international gang of cyber crooks, RSA
Global High Net Worth Population Increases Slightly as Their Investable Wealth Declines Asia-Pacific becomes region with the most HNWIs,while North America retains the most HNWI wealth Asia-Pacific surpasses all regions with the ...
Tags: HNWI, economic uncertainty, risk-aversion
Oracle president Mark Hurd has stated that his firm is focusing on the banking sector,which he said has a combination of extremely large IT budgets,and often outmoded systems and applications. "One of the core assets of banks is ...