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Almost 30,000 lay-offs have been announced since April at banks including HSBC, Barclays, Société Générale, Citigroup and Deutsche Bank.
Bank executives are under pressure from investors to cut costs and protect profits. Since long-term US interest rates began to fall in...…
Blackstone is poised to double the value of its investment in Refinitiv in just 10 months, but won’t be able to sell down completely for...
Of course they did! A couple of senior Deutsche Bank managers called high-end tailors to their London office as thousands of traders lost...
Former Fed Chairman Alan Greenspan said in 1987 that he’d “learned to mumble with great incoherence.”. Machines are now analyzing these...
Members of the “Ring" aka the London Metal Exchange, one of the last bastions of face-to-face trading, are having to give up their vice...
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