Workforce management
- Banking
Wall Street bonuses poised to plunge following slowdown in deals
A warning for investment bankers who enjoyed lavish bonuses for 2021, when banks opened their wallets to reward busy dealmakers…
Read More » - Banking
Robinhood cuts 23% of staff in sweeping reorganization of online brokerage
Robinhood Markets cut almost a quarter of its workforce in a broad reorganization after a punishing first year as a…
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European banks start to make provisions for U.S. WhatsApp fines
European banks are starting to count the cost of their employees’ messaging habits, which have caught the attention of U.S.…
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Visa to dole out annual raises earlier amid inflation pressures
Visa said it will dole out annual raises for more-junior employees earlier as it seeks to help staffers battling once-in-a-generation…
Read More » - Entrepreneurs
Running Your Business At 200 Miles Per Hour? You Could Be A Catalyst Entrepreneur
Entrepreneurs of every type and in every industry have the ability to make positive change in the world. However, organizing…
Read More » - Banking
UBS says it’s part of U.S. probe into unapproved staff messaging
UBS signaled that it’s part of a broad probe by U.S. regulators into messaging by bank employees that’s likely to…
Read More » - Banking
Credit Suisse offers retention pay to stem tide of defections
Credit Suisse Group, the Swiss bank that lost dozens of key dealmakers last year, is once again offering lucrative retention payments to…
Read More » - Banking
JPMorgan must face trial over former worker’s retaliation claims
JPMorgan Chase must face a trial over claims by a former vice president in its anti-corruption unit that she was…
Read More » - Banking
Wall Street texting habit sticks banks with rare $1 billion bill
Regulators are poised to extract about $1 billion in fines from the five biggest U.S. investment banks for failing to…
Read More » - Banking
Citi wins age discrimination appeal with ex-banker called ‘old’ at age of 55
Citigroup has won part of its appeal in a discrimination suit brought by a former banker who was laid off…
Read More » - Banking
Morgan Stanley misuse of personal devices costs $200 million
Morgan Stanley said it expects to pay a $200 million fine related to a broad U.S. investigation into the use…
Read More » - Banking
BMO raises minimum pay for U.S. workers to $20 in fight for labor
Bank of Montreal is raising the minimum wage for its U.S. branch and contact-center employees to $20 an hour, its…
Read More » - Banking
HSBC executive in climate row quits, attacks corporate ‘cancel culture’
The HSBC Holdings executive at the center of a row over climate change risks has resigned from the bank as…
Read More » - Banking
Goldman Sachs plans office tower in Dallas for 5,000 employees
Goldman Sachs Group plans to anchor a new office tower in Dallas that would hold thousands of employees, part of…
Read More » - Banking
Why the ‘war for talent’ will last
Earlier this year, Santa Cruz County Bank decided that its marketing department, which normally would concentrate on attracting new clients,…
Read More » - Banking
BlockFi, Crypto.com slash jobs as market meltdown worries swirl
Two big names in crypto are cutting jobs as the digital currency market continues to spiral downward. The crypto lending…
Read More » - Banking
Banks and tech giants are losing skilled staff to flexible fintechs
Staff at major banks and some of the world’s biggest technology giants are increasingly leaving for fintech startups, new analysis shows. Bankers,…
Read More » - Banking
Goldman pushes to keep executive names hidden in gender suit
Goldman Sachs Group and its former female employees who sued the company in one of Wall Street’s biggest gender discrimination…
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