Banks Lay Groundwork for Mass Workforce Cuts as AI Takes Hold
By Meg ShortMany financial executives are in agreement: Jobs will be cut as AI is implemented.
June 11, 2026
SEC Proposes to Scrap Trade-Through Rule for Equities ExecutionSEC Chairman Paul Atkins has been a critic of the rule since its inception.
June 11, 2026
FINNY Launches Enterprise PlatformPresident Victoria Toli said the firm went live with Mercer Global Advisors, the inaugural flagship user, in January.
June 11, 2026
Orion Opens New Office in PennsylvaniaThe move reflects the firm's "continued growth in the Philadelphia region," spokesperson Julie Lane says.
June 11, 2026
Trump Taps Wall Street Top Cop Jay Clayton as Intelligence ChiefThe move follows the president's controversial selection of housing regulator Bill Pulte to serve in the role on an acting basis.
June 11, 2026
RIA Consolidation Will Push the Channel Past $4T in 10 Years: CerulliFirms increasingly turn to mergers and acquisitions to drive scale and respond to evolving client demands, research finds.
June 11, 2026
9 Useful Phrases for Your Next Portfolio ReviewWhen you want clients to take action, the right words can help.
June 11, 2026
PRO
Stifel's Rogue Broker Fiasco Highlights Risks of Structured Notes"It appears as though the inmates were running the asylum with respect to this product," a plaintiffs attorney says.