UBS Goes on Hiring Spree for Wealth Managers Catering to Rich Americans
UBS has gone on US recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce.
Recent
Fidelity Converting $13.5B in Mutual Funds to ETFs
Fidelity Investments is converting six mutual funds holding $13.5 billion in assets into exchange-traded funds, a quantum leap.
Exclusive-Morgan Stanley Board Considers Next CEO While Gorman Clears the Decks
Morgan Stanley's board will focus on the selection of CEO James Gorman's successor at its summer and fall meetings.
UBS Preparing to Cut Over Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG’s 45,000-strong workforce starting next month.
Canopy Growth Gets Zero Price Target on ‘Desperation’ Signs
Canopy Growth shares were under pressure for a second day. Canadian cannabis grower could reduce it cash burn and turnaround operations.
The Forced Return to the Office is the Definition of Insanity
Despite overwhelming evidence that flexible hybrid work is more productive than forced in-office work, top executives are herding employees back.
Goldman Sachs Is Cutting About 125 Managing Directors Globally
Goldman Sachs Group reduces its headcount amid a deals slump, according to people familiar with the matter.
