Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report. 1. Goldman ...
Interest-rate futures positions indicate the Fed won’t act until July or September, according to the CME FedWatch tool. And ...
Amazon-owned Twitch also announced job cuts. Twitch announced on January 10 that it would cut 500 jobs, affecting over a third of the employees at the live-streaming company. CEO Dan Clancy ...
CEOs from across the globe have shared their opinions on AI being used in the banking sector. Here is what they have to say ...
Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing ...
The bank boosted its expectation for annual savings to $1.5 billion. Meanwhile, Citi, Wells Fargo and JPMorgan Chase reported marked increases in FDIC special assessment costs.
leading to job cuts. Even outside tech firms like Dropbox and Duolingo have cited AI as a reason for downsizing. Economists at Goldman Sachs previously warned that generative AI could eliminate or ...
TOKYO: Next year is shaping up to be another tough one for Nomura Holdings Inc’s employees in Europe, with more job losses likely as the Japanese securities firm shifts business away from the ...
HSBC joined global rivals including UBS Group, Goldman Sachs Group and Citigroup that have already made several rounds of job cuts in Asia over the past 18 months, as stock sales and mergers tumble.
Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi ...
SHANGHAI, April 16 (Reuters) - Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the ...