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                    [Title] => US bank M&A activity boon to RP outsourcing firms, service workers
                    [Summary] => The fresh wave of bank mergers and acquisitions (M&A) in the US would drive the surviving entities to offshore more non-core, back office jobs in the months ahead, thus further benefiting the Philippines’ booming technology-enabled service industries, labor leader and former senator Ernesto Herrera said.


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                    [Title] => US firm to offshore 6,000 jobs to RP
                    [Summary] => The largest American savings and loans holding company and the eighth biggest bank based in the US in terms of assets, intends to offshore up to 6,000 jobs to the Philippines within 18 months "in line with a series of initiatives to significantly reduce administrative costs," a top labor group leader said.


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WASHINGTON MUTUAL INC

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                    [Summary] => The largest American savings and loans holding company and the eighth biggest bank based in the US in terms of assets, intends to offshore up to 6,000 jobs to the Philippines within 18 months "in line with a series of initiatives to significantly reduce administrative costs," a top labor group leader said.


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abtest

GLOBAL NEWS: Another nightmare on Wall Street: Dow down 450

September 18, 2008 - 9:28am

NEW YORK (AP) - The stock market took another nosedive Wednesday as the American banking system appeared even shakier ...

US bank M&A activity boon to RP outsourcing firms, service workers

July 2, 2006 - 12:00am

The fresh wave of bank mergers and acquisitions (M&A) in the US would drive the surviving entities to offshore more non-core, back office jobs in the months ahead, thus further benefiting the Philippines’...

Business

US firm to offshore 6,000 jobs to RP

By James Mananghaya | May 28, 2006 - 12:00am

The largest American savings and loans holding company and the eighth biggest bank based in the US in terms of assets, intends to offshore up to 6,000 jobs to the Philippines within 18 months "in line with a...

Business