Goldman Sachs is planning to fold its crown jewel trading and investment banking business into one unit as it shrinks from four to three divisions.The Wall Street bank is planning...
Bank of America reported better than expected third-quarter earnings as expanding profit margins from consumer lending helped offset sliding investment banking revenue.“Our US consumer clients remained resilient with strong, although...
Controversial rapper Kanye West has agreed to buy Parler, a would-be Twitter competitor whose extreme stance on free speech saw it banned from Apple and Google’s app stores and Amazon...
You can enable subtitles (captions) in the video player It's been billed as the billionaire space race, Elon Musk's SpaceX versus Jeff Bezos's Project Kuiper. Both want to deliver high-speed...
Deloitte has the most racially diverse workforce of the Big Four accounting firms in the US, an analysis of diversity and inclusion reports shows, following a hiring spree that swelled...
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Four years ago, Greg Brereton, an underwriter at a little-known Sydney insurance firm, exchanged emails with Lex Greensill, the founder of a specialist lending business that was flying high.After requesting...
LONDON — Britain’s new chancellor of the Exchequer, Jeremy Hunt, said on Monday that he would reverse virtually all the government’s planned tax cuts, sweeping away Prime Minister Liz Truss’s...
On an exposed ridge deep in Appalachia, 23 shining new wind turbines loom over a wooded valley — the newest additions to the energy mix in America’s traditional coal heartlands.The...
Deutsche Bank ditched Hertha Berlin as a client over the Bundesliga football club’s links to financier Lars Windhorst, after a series of scandals forced the German lender to step up...