Bank of America Layoffs Not in the Cards for Chief Brian Moynihan—He’ll Let Natural Attrition Balance the Books
BofA has to trim down its headcount in the coming weeks as an economic downturn takes shape on the horizon.
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Credit Suisse Offers Higher Rates to Rebuild Depleted Assets
Credit Suisse bankers are trying to entice rich clients with higher-yield notes and bonus deposit rates in bid to quickly recoup as much as possible.
Salesforce Orders Some Workers Back to Offices as Growth Slows
Salesforce Inc., one of the first tech companies to let employees work from anywhere, is requiring some sales workers to return to the office.
U.S. Treasury Yellen: Twitter Should be Held to Certain Standards for Content
Twitter should be held to standards for content, it is "not that different" from radio stations and broadcasters subject to such rules. - J. Yellen
Credit Suisse Shares and Bonds Hit by Further Market Shake-Out
Credit Suisse's planned $2.4 billion fundraising to help pay for a major overhaul faced mounting market headwinds.
Apple watcher: iPhone Revenue 'May be Significantly Lower' Amid China Disruption
The iPhone estimate cuts continue to rain down on mighty Apple as unrest in China upsets the tech giant's manufacturing cadence.
State Street, Brown Brothers Harriman Pull Plug on Long-Delayed Deal in Tough M&A Environment
State Street Corp. and Brown Bros. Harriman & Co. agreed to pull plug on State Street’s long-stalled acquisition of BBH’s investor services business
