by Brian Pillmore | Jan 17, 2023 | Brian's Blog
So, you have to fire someone. Here are 3 things to do as you approach the problem. 1. Just rip the band aid off. (being direct is respectful and feedback is a gift) 2. There is no time like the present. (sunk cost) 3. Short and sweet. (no one like a long...
by Brian Pillmore | Dec 15, 2022 | Banks, News
Bank of America, Wells Fargo CEOs forecast recession in 2023 By: Ken Chase The CEOs of two of the nation’s largest financial institutions, Bank of America and Wells Fargo, warned that consumers appear to be pulling back on spending in recent weeks. That news suggests...
by Brian Pillmore | Dec 9, 2022 | Banks, Business, News
By: Ken Chase The U.S. Department of Justice recently called on banks and other companies to be more proactive about reporting their misconduct, promising a variety of incentives to those who do more to self-report their misdeeds. A DOJ official announced the new...
by Brian Pillmore | Dec 9, 2022 | Banks, Business, Financial, News
By: Ken Chase U.S. financial firm Morgan Stanley eliminated about 1,600 of its more than 81,000 employees on Tuesday, a roughly 2% reduction in its workforce. According to reports, the cuts were broad-based and impacted nearly every area of the company except for the...
by Brian Pillmore | Oct 20, 2022 | Brian's Blog
Did you see the latest fine that the SEC dished out? The U.S. Securities and Exchange Commission confirmed this week that it has levied a $35 million penalty against Morgan Stanley Smith Barney related to the firm’s failure to protect its customers’ personal...
