Wells Fargo Botched Occidental Stock Sale for Employee Trust, Judge Rules
Wells Fargo & Co. bungled the 2020 sale of Occidental Petroleum Corp. shares on behalf of an employee trust, leading to millions of dollars in losses.
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Survey Finds 50% of Companies Want to Cut Headcount: Morning Brief
New survey showed 50% of companies planning to reduce overall headcount. 46% of companies said they're dropping or reducing signing bonuses.
AT&T Employees ‘Forced’ Back to the Office Started a Change.org Petition to Make Remote Work Permanent
Like most people, AT&T workers would rather work from home than in person. CWA struck a deal with telecom giant to extend remote policy through 3/23.
‘The Mother of All Shorts’ Is Also an Extremely Risky Trade
One analyst has called AMTD Digital -- whose leader is appealing a ban from Hong Kong’s securities industry -- “the mother of all shorts.”
Citi Sues Revlon Over Lender Status After $900 Million Mistake
Citigroup Inc. has sued Revlon Inc. in a bid to resolve a nagging legal question that emerged after the bank mistakenly wired $900M.
Fidelis Capital Launched by Private Banking Executives Formerly With Wells Fargo and Bank of America
Top private bankers from Wells Fargo and Bank of America today announced that they have joined forces to launch Fidelis Capital.
Musk Says Twitter Hiding Witnesses He Needs in Buyout Fight
Musk is accusing Twitter Inc. of hiding key witnesses in their legal battle over whether he must consummate a $44 billion buyout.
