Wall Street banks cut 5 000 jobs even as they notched record profits
Lenders highlight efficiency gains from automation, with staff reductions adding to anxiety over future roles in finance.
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AI is writing performance reviews. What could go wrong?
While AI can save time and potentially reduce bias, experts warn that outsourcing too much of the task could turn reviews into impersonal ‘AI workslop’.
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Jamie Dimon conquered Wall Street
Who will replace him?
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Birinyi Associates | Goldman Sachs Group | JPMorgan Chase & Co. | Markets | Nvidia corp | Wells Fargo & Co
US firms racing through $1trn buyback spree in record time
Over the last few months, corporate heavyweights – particularly in financials and technology – have given the green light to large share-repurchasing programmes.