Citi cuts London investment bankers as drought in deals persists
CITIGROUP is cutting jobs within its investment banking division in London, becoming the latest Wall Street giant to trim headcount ...
Tag: Cuts
US: Indices end at records as Federal Reserve confirms plant for 2024 rate cuts
MAJOR Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts ...
US Federal Reserve sees three rate cuts in 2024 but a more shallow easing path
FEDERAL Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying “story” of slowly ...
JetBlue cuts unprofitable routes in overhaul of flight network
JETBLUE Airways will eliminate unprofitable routes in California and Florida and drop service to several cities in South America, a ...
Brokers’ take: RHB cuts Delfi target on narrowing margin amid cocoa price hikes
RHB has lowered its target price for chocolate confectioner Delfi to S$1.33 from S$1.55 after trimming earnings forecasts. Despite staying ...
Hapag-Lloyd to seek cost cuts after net profit slump
GERMAN container shipper Hapag-Lloyd on Thursday (Mar 14) said global vessel oversupply and a crisis in the Red Sea will ...
BNP Paribas cuts investment banking bonuses on weak trading
BNP Paribas has reduced bonuses across its investment banking division after a weak year for deals and trading. The French ...
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on ...
BNP Paribas hikes cost cuts by 400 million euros after weak results
BNP Paribas, the eurozone’s largest bank, on Wednesday said it will step up its cost-cutting plan by 400 million euros ...
PwC Australia cuts hundreds of jobs in overhaul to lower costs
PWC Australia has begun a round of job cuts that will reduce headcount by more than 300 staff, part of ...
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