The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy ha...
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come.
Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so, with the key exception being JPMorgan Chase, the biggest and most profitable U.S. bank. Pressured by the impact of higher interest rates on the mortgage business, Wall Street deal-making and funding costs, the next five largest U.S. banks have cut a combined 20,000 positions so far this year, according to...Thank you! Community votes alone don't determine our ratings, but are valuable feedback and can prompt us to do more research.
Wall Street analysts expect the S&P 500 to rise 19% over the next 12 months. Here are their 10 favorite stocks. Judge at Trump’s NY civil fraud trial slams hand on bench, loses his cool during testimony: ‘This is ridiculous!’
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