after bloomberg reported they are among the banks under scrutiny in a us department ofjustice probe into whether financial professionals helped russian oligarchs evade sanctions. shares of ubs and credit suisse fell more than 6%. and secondly deutsche bank slumped more than 13%, after a sharpjump in the cost of insuring against the risk of default after concerns about what happened to credit suisse. so what is happening to an already beseiged banking sector? hopefully, russ mould, an investment director at aj bell, can help us make sense of it. ross, what is happening? i think ubs and credit suisse under in a regulatory investigation is clearly unfortunate. equally, both forums have been under regulatory scrutiny before, so perhaps you shouldn t be quite so shocked there. i think the rise in deutsche bank is indicative of wider loss of confidence in the banking sector. i think there is a gathering fear that central banks may have overdone it with great interest rate increases
there were more expensive. but it is possible for companies to have compensation for all the workers saying, either you will get made redundant or can we talk about flexibility within the job. what we re seeing on the platform is that flexibility is incredibly important to the over 50s. the women we surveyed, it is 16 times important than traditional status, and i think these companies have really wised up to the fact that the companies are ready to have a conversation about pay and hours. they want the job to fit around their life. the other thing that is really important is having a purpose in doing something that feels worthwhile. the women i have seen who have left theirjobs have seen who have left theirjobs have just got to the point where they don t want to play a corporate game any more. they don t want to play a corporate game any more- game any more. given that these algorithms game any more. given that these algorithms may game any more. given that these algori
face really on top of that, they face really ageist attitudes from recruiters and from companies when they do get through. and this is a real problem, because by 2025, over half of the workforce in the us will be over 50. we have a huge skills shortage. we have a big drive to get over 50s back to work. there is a big gap in the rhetoric getting people to apply for jobs, the rhetoric getting people to apply forjobs, and your story today the rhetoric getting people to apply for jobs, and your story today about the treasury and its own recruitment of over 50s being so low, i think is very typical of what is going on across the country despitejeremy hunt s good intentions. haw across the country despite jeremy hunt s good intentions. how much is it about staff hunt s good intentions. how much is it about staff who hunt s good intentions. how much is it about staff who don t hunt s good intentions. how much is it about staff who don t cost - hunt s good intentions. how much is it abou
ageist attitudes from recruiters and from companies when they do get through. and this is a real problem, because by 2025, over half of the workforce in the us will be over 50. we have a huge skills shortage. we have a big drive to get over 50s back to work. there is a big gap in the rhetoric getting people to apply for jobs, the rhetoric getting people to apply forjobs, and your story today the rhetoric getting people to apply for jobs, and your story today about the treasury and its own recruitment of over 50s being so low, i think is very typical of what is going on across the country despitejeremy hunt s good intentions. haifa across the country despite jeremy hunt s good intentions. how much is it about staff hunt s good intentions. how much is it about staff who hunt s good intentions. how much is it about staff who don t hunt s good intentions. how much is it about staff who don t cost - hunt s good intentions. how much is it about staff who don t cost them i it about staf