Citigroup Cuts Over 300 Senior Manager Roles in Latest Restructuring
By Jenny SuraneThe cuts are part of the bank's plan to shift from two core operating units to five key businesses, including wealth management.
November 20, 2023
Morgan Stanley Taps Finn to Run $4.8T Wealth UnitLike his supervisor Andy Saperstein and CEO James Gorman, Finn was previously an executive at McKinsey & Co.
November 20, 2023
S&P 500 Rally May Be at Risk After 9.6% Gain in 3 WeeksRick Bensignor, a former Morgan Stanley strategist, suggests trimming exposure by midweek if the gauge nears 4,560.
November 17, 2023
Why Firms May Reverse Course on AI Plans in 2024: ForresterThe emerging technologies likely won't yet be ready to deliver objective advice, says a senior financial analyst.
November 17, 2023
10 Dividend Stocks to Buy Now: MorningstarSome quality companies with undervalued stock prices have the stability to maintain dividends in tough economic times.
November 17, 2023
Bad Timing Drained Returns for Thematic Fund Investors: MorningstarThe largest return shortfalls occurred in highly targeted funds that "posted eye-catching performance," said the reseach firm.
November 17, 2023
Biden Signs Bill Averting Shutdown, Teeing Up 2024 Budget BattleThe White House confirmed the move in a statement early Friday, less than a day before existing funding would have expired.
November 17, 2023
10 Best MBA Programs in the United States: LinkedInThe networking site used its own data to rank the programs based on graduates' career outcomes.