Bank of America has reportedly layoffs 20 bankers in Asia, primarily in Hong Kong, as the region's stock markets experience downturns, reflecting broader economic challenges.
Goldman Sachs Group is actively recruiting for its asset and wealth management divisions, aiming to fortify these sectors after a successful 23% revenue surge in Q4, exceeding expectations. The move follows a period of restraint during which the bank cut 6.5% of its workforce.
>>54th WEF In Davos This Week
(Davos) World leaders and top officials are set to gather this week in Davos, Switzerland for the 54th annual World Economic Forum. The mee.
Citigroup plans to cut 20,000 jobs over the next couple of years, the US bank said Friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.