Citigroup Mulls Plan to Remove Leadership Layer at Its Largest Unit
Citigroup is considering plans to eliminate the role atop the bank's biggest division when its leader, Paco Ybarra, leaves next year.
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Morgan Stanley Is One of the Only Big Banks Left Off Arm’s IPO
There’s no sign of Morgan Stanley in Arm Ltd.’s draft filing for its initial public offering.
Goldman Sachs Weighs Sale for Part of Its Wealth Business
Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients.
Hedge Fund Woodline Sued for ‘Oppressive, Misogynistic’ Culture
Karl Kroeker, co-founder of hedge fund Woodline Partners, was sued by a former employee claiming he contributed to a demeaning work culture.
Tech Firms Are Slowing Layoffs But Still Not Yet Resuming Hiring
Tech companies aren’t ramping up hiring after massive layoffs over past year, despite surge in interest in AI, requiring workers with special skills.
Anheuser-Busch Heir Says Founders Would be 'Rolling Over in Their Grave'
Anheuser-Busch heir says founders would be 'rolling over in their grave' over Dylan Mulvaney partnership that has cost company $27BILLION in value.
UBS to Pay $1.44 Billion to Settle DOJ Mortgage-Bond Case
UBS agreed to pay $1.44B to settle long-running case over US mortgage-backed securities resolving one of bank’s largest outstanding legal issues.
