China’s four largest national banks have laid off more than 22,000 staffers after a year of flat or declining profits, according to the South China Morning Post. The cuts come amid a slowing economy and […]
Goldman Sachs Group is letting clients use Securities DataBase, the bank’s risk-management software, to generate business from hedge funds and money managers. The firm aims to increase business by providing clients with web-based trading tools. […]
Record-low borrowing costs have touched off a torrent of corporate-bond offerings across Europe. Bond sales are accelerating after drugmaker Sanofi and household-product-maker Henkel sold debt with negative yields, the first time nonfinancial companies could get […]
Apple’s next iOS update will introduce an iMessage app store. The feature will give brands a direct line to connect with phone users, meaning they won’t have to go through social third parties, such as […]
UK bank executives and insurers have made their case on Brexit in a meeting with Chancellor Philip Hammond, who says he wants the best deal for the industry. “It is important Britain maintains its status […]
Among the jumble of political primary headlines this past spring, you may have missed Google (NASDAQ:GOOG) (NASDAQ:GOOGL) quietly rebrand its moonshot acquisition “SkyBox,” now known as “Terra Bella.” This company plans to offer live HD […]
The Securities and Exchange Commission has authorized BlackRock funds to borrow from one another to cope with any sudden increase in outflow. Interfund borrowing is capped at 10% of assets without collateral and 33% of […]
Top oil producers Saudi Arabia and Russia made a joint statement at the G-20 summit in China on Monday aimed at stabilizing crude prices, media reports said. Russia and Saudi Arabia recognize the need to contain […]
© Copyright 2016-2019 Tristan Van Iersel - All Rights Reserved.