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  • Tuesday, 21 March, 2023
    European banks
    Who killed Credit Suisse?

    The legality of liquidity versus solvency

  • Thursday, 16 March, 2023
    US banks
    Investors have wiped $165bn of value from big US bank stocks this month

    Shareholders are worried about lower profits and more regulation after collapse of Silicon Valley Bank

  • Friday, 3 February, 2023
    Big tech
    Big Tech groups disclose $10bn in charges from job culls and cost cutting

    Amazon, Meta, Alphabet and Microsoft reveal hefty price tag as they rein in spending

  • Wednesday, 1 February, 2023
    Investment Banking
    Goldman to fund meagre payouts to banks hammered by Archegos collapse

    Lenders that lost billions will get back as little as 5 cents on the dollar from restructuring

  • Saturday, 21 January, 2023
    Banks prepare for deepest job cuts since the financial crisis

    Firings expected to be ‘super brutal’, with Credit Suisse, Goldman Sachs and Morgan Stanley already laying off staff

  • Friday, 20 January, 2023
    Deutsche Bank AG
    Deutsche Bank slashes investment banker bonuses but rewards traders

    Dealmaker pool to fall 40% in line with Goldman but a bigger drop than most rivals

  • Tuesday, 17 January, 2023
    Silvergate Bank
    US bank Silvergate sinks to $1bn loss as crypto crisis takes a toll

    Lender braced for ‘sustained period of lower deposits’ even as its faith in digital asset industry remains intact

  • Saturday, 14 January, 2023
    Credit Suisse Group AG
    Credit Suisse set to cut 10% of European investment bankers

    Swiss lender steps up wave of job cuts as it prepares to announce second consecutive annual loss

  • Wednesday, 11 January, 2023
    Goldman Sachs Group
    Goldman Sachs makes ‘brutal’ job cuts in quest for lower costs

    Group pays some bankers no bonus for last year’s work while giving others 30 minutes to leave

  • Wednesday, 11 January, 2023
    BlackRock Inc
    BlackRock plans to cut 500 jobs worldwide following 2022 sell-off

    World’s largest asset manager to shed staff as industry braces for tough 2023

  • Tuesday, 10 January, 2023
    Goldman Sachs Group
    Goldman embarks on biggest cost-cutting drive since financial crisis

    Wall Street bank reviews spending on everything from private jets to new consumer and tech unit

  • Tuesday, 10 January, 2023
    Coinbase
    Coinbase to slash a fifth of workforce as crypto crisis deepens

    Cryptocurrency exchange will cut 950 jobs to ensure it can ‘weather downturns’ in the market

  • Monday, 9 January, 2023
    Goldman Sachs Group
    Goldman prepares to cut 3,200 jobs to rein in costs

    Wall St bank scaling back consumer operations and confronting slowdown in investment banking

  • Thursday, 29 December, 2022
    Goldman Sachs Group
    Goldman’s David Solomon says job cuts to come in January

    Investment bankers who survive cull could face bonus reductions of 40% or more

  • Friday, 16 December, 2022
    US banks
    Goldman Sachs prepares to lay off almost 4,000 employees

    Chief executive David Solomon is trying to boost profitability amid economic headwinds

  • Monday, 12 December, 2022
    Goldman Sachs Group
    Goldman considers hundreds of job cuts at consumer business

    Reductions would come on top of annual cull of underperforming bankers

  • Wednesday, 16 November, 2022
    Brooke Masters
    How not to fire people

    Badly done lay-offs at Twitter and elsewhere could wound the tech sector for years to come

  • Thursday, 10 November, 2022
    LexCryptocurrencies
    FTX: Wall Street might cover the liquidity issue but not its insolvency Premium content

    Cryptocurrency lacks a strong legal and regulatory framework to oversee distressed acquisitions

  • Monday, 12 September, 2022
    Goldman Sachs Group
    Goldman plans job cuts as dealmaking dries up

    Review of underperforming bankers threatens hundreds of employees

  • Wednesday, 7 September, 2022
    Revolut Ltd
    Revolut axes graduate jobs as it conducts sweeping costs review

    Fintech in throes of major business review codenamed Project Prism

  • Wednesday, 4 August, 2021
    Commerzbank AG
    Commerzbank swings to loss as restructuring costs bite

    German lender stabilised by successful venture capital investments and lower loan loss provisions

  • Thursday, 22 July, 2021
    Commerzbank AG
    Commerzbank takes €200m hit from botched IT project

    German lender ditches plan to outsource securities settlement business to HSBC

  • Thursday, 15 July, 2021
    US banks
    US banks close more than 250 branches in bet on digital future

    Customers flocked to apps during pandemic and lenders hope they will stay there

  • Tuesday, 16 March, 2021
    Commerzbank AG
    Commerzbank chairman resigns due to health reasons

    Hans-Jörg Vetter’s exit after eight months in job hits lender at key moment in restructuring

  • Thursday, 28 January, 2021
    Commerzbank AG
    Commerzbank to cut one in three jobs in Germany

    German lender will halve branch network by 2024 in radical restructuring plan

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