NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source familiar with the matter said. The long-expected jobs cull at the Wall Street titan is expected to represent the biggest contraction in headcount.
Goldman Sachs (GS.N) began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source familiar with the matter said.
Record low results from a rigorous Wall Street exam have revived a long-standing debate among finance industry veterans: how useful is the credential for success on Wall Street?
Record low pass rates of just 22 per cent in a rigorous financial test have revived a long-standing debate: just how useful is this credential for success?
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