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 visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Bloomberg reported this week that a decline in investment deals has forced banking giant Citigroup to eliminate dozens of trading personnel in its investment banking division. The move comes in the wake of reports that the company’s investment...