Bankers & Layoffs News Monitoring

Morgan Stanley to layoff 2,000 employees to boost efficiency

Morgan Stanley is planning to lay off nearly 2,000 employees later this month. This move is aimed at improving operational efficiency, according to a source familiar with the matter, reported Reuters. The said job cuts will affect 2% to 3% of the company…

Bankers with ESG skills manage to dodge wave of layoffs, study shows

Bank of America introduces measures to tackle overwork post-employee death

Bank of America is taking further steps to address overwork among its employees, following the death of an employee last year due to excessive work hours, according to the Herald. The banking industry has faced scrutiny over workplace practices after Leo …

Singapore’s top vacancies: Ministry of Manpower releases a list of most in-demand jobs in 2025

Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Data comes from the most recent Ministry of Manpower report. Singapore’s Ministry of Manpower has just released the latest Labour Market summary report, and you …

Morgan Stanley To Cut Nearly 2,000 Jobs To Trim Costs

New Delhi: Morgan Staneley is planning to lay off nearly 2,000 employees later this month in an effort to improve operational efficiency. According to a source cited by Reuters, the decision is part of the bank’s strategy to streamline its workforce. …

Bank of England expected to leave interest rates on hold today, as wage growth slows and redundancies rise

Introduction: Bank of England expected to leave interest rates on holdGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Bank of England policymakers face a tricky situation this week when they met …

UAW’s embrace of Trump tariffs could lead to disaster for its members

Billionaire tech bros, bankers and other business leaders quickly cozied up to President Donald Trump as he took office on Jan. 20. The last person I expected to join them was United Auto Workers union President Shawn Fain, but he has. Just months ago, …

Peak Paris? Global Banks Put Their French Hiring Plans on Ice

(Bloomberg) -- In his office in the heart of the upmarket 8th Arrondissement of Paris, attorney in labor law Bruno Gambillo has been receiving a steady stream of traders, investment bankers and analysts. Most of them are foreigners, laid off from …

Mortgage rates face uncertain path despite Fed's steady hand

Mortgage rates remain in a volatile range despite the Fed's decision to keep short-term interest rates unchanged. Analysts expect modest declines in mortgage rates, but uncertainty looms as economic policies—including tariffs—could keep inflation …

The Trump Administration Is Hurting Consumers’ Wallets by Kneecapping the CFPB

Most Americans can’t afford to lose money to corporations that cheat them or to banks and credit card companies that charge excessive fees, and they need somewhere to turn for help. They may not realize that the fine print on their car loan says the …

Wall Street is starting to trim jobs as economic uncertainties mount

Wall Street banks are starting to cut what could be thousands of workers as new economic uncertainties mount. In recent weeks, Morgan Stanley (MS), Goldman Sachs (GS), and Bank of America (BAC) all began workforce reductions that affect various parts of …

Managers Have Won the War on Remote Work. Now Where Does Everybody Sit?

In 2020, at the height of the COVID pandemic, the global advertising conglomerate WPP started to slash almost one-third of its New York office space. Different WPP agencies maintained separate Manhattan headquarters: Ogilvy was on 11th Avenue, Grey on …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision, which comes at the conclusion of …

Federal Reserve stands pat, but still sees rate cuts ahead

“Recent indicators suggest that economic activity has continued to expand at a solid pace,” the FOMC said in a statement announcing its decision. “The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain …

Federal Open Market Committee press conference: Live coverage

Federal Reserve Chair Jerome PowellBloomberg News Heading into Wednesday's Federal Open Market Committee meeting, the question is not what the group will do, but rather what it will say. In what has been a signature of post-pandemic monetary …

New Howard task force working to harden economy against federal actions

Howard County’s new Economic Competitiveness and Opportunity Now Task Force, established via executive order on March 17, will bring together economic experts, industry leaders, academic partners and cabinet members to buttress Howard County’s economy in …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

Washington CNN  —  The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision, which comes at the conclusion of the Fed’s two-day …

Wall Street giant Morgan Stanley plans to cut about 2,000 jobs to keep lid on costs: Sources

Morgan Stanley’s cuts add to a series of layoffs across Wall Street as bosses navigate an uncertain economic outlook.PHOTO: REUTERS NEW YORK – Morgan Stanley is planning to cut about 2,000 employees later in March in the first major workforce reduction …

WARSAW TO HOST 51ST ANNUAL GENERAL MEETING OF THE EUROPEAN HOTEL MANAGERS ASSOCIATION EHMA, Theme: Hospitality by Design

The European Hotel Managers Association is delighted to announce its 51st AGM, scheduled to take place in the historic heart of Warsaw, 28-30 March 2025. ROME, ITALY, March 23, 2025 /⁨EINPresswire.com⁩/ -- The European Hotel Managers Association ( …

National Bar Association Hosts 45th Annual Mid-Year Conference and Gertrude E. Rush Awards Gala in Des Moines, Iowa

Commemorating 100 Years of Legal Excellence and Civil Rights Advocacy in the City Where It All Began DES MOINES, IA, UNITED STATES, March 22, 2025 /⁨EINPresswire.com⁩/ -- The National Bar Association (NBA), the nation’s premier network of African …

CabinetsHQ.com Announces Strategic Partnership with Fabuwood Cabinetry to Enhance Product Offerings that Include Illume

Discover why CabinetsHQ.com trusts Fabuwood to deliver excellence in every kitchen and will now offer Illume collections along with previously sold Allure line. PHILADELPHIA, PA, UNITED STATES, March 22, 2025 /⁨EINPresswire.com⁩/ -- CabinetsHQ.com …

GFC Certification: A Testimony to the Internationalization and AI Application Strength of Enterprises in Diverse Fields

VANCOUVER, BC, CANADA, March 22, 2025 /⁨EINPresswire.com⁩/ -- In the current era of rapid development of global business and technology, the Global Fred Certification (GFC) continues to demonstrate its crucial value, providing authoritative …

ColorWhistle's Webflow Statistics Reveal the Platform's Explosive Growth and Business Impact

ColorWhistle's Webflow Statistics Reveal the Platform's Explosive Growth and Business Impact. Explains Webflow as a website platform adoption among businesses. COIMBATORE, TAMIL NADU, INDIA, March 22, 2025 /⁨EINPresswire.com⁩/ -- …

NCRF’s 22nd Annual Atlanta Black College Expo™ returns to the Cobb Galleria Saturday March 22nd

Event empowers area students with resources, expanded workshops, access to college opportunities and millions $$$ in scholarships! ATLANTA, GA, UNITED STATES, March 22, 2025 /⁨EINPresswire.com⁩/ -- National College Resources Foundation (NCRF) …

Author Adrian Gabriel Dumitru Launches 'Her Mental Health. My Reflection' to his Popular Kindle Series

Adrian Gabriel Dumitru's new book explores mental health struggles and personal growth through philosophical essays and self-reflection. BUCHAREST, ROMANIA, March 22, 2025 /⁨EINPresswire.com⁩/ -- Adrian Gabriel Dumitru, a Romanian author known …

Data Foundation Engages with OMB, Congress on Exec Order to Eliminate Info Silos; Calls for Cohesive Data Governance

Statement on Executive Order to Promote Data Sharing WASHINGTON, DC, UNITED STATES, March 22, 2025 /⁨EINPresswire.com⁩/ -- Data Foundation Statement on new Executive Order on "Stopping Waste, Fraud, and Abuse by Eliminating Information Silos…

Wayne’s Gun Part 1: 1924, A Time-Travel Themed Musical by Award-Winning Artist Olga S Popova Released

NY, UNITED STATES, March 22, 2025 /⁨EINPresswire.com⁩/ -- March 14, 2025, marked the official release of Wayne’s Gun Part 1: 1924, the first part of a time-travel-themed musical by composer Olga S Popova. Featuring a global cast of over 150 artists …

BexBack Reshapes Crypto Futures Trading with 100x Leverage and No KYC

SINGAPORE, March 22, 2025 (GLOBE NEWSWIRE) -- BexBack, a rapidly growing crypto futures exchange, is redefining leveraged trading with a bold new offer. Effective immediately, traders can unlock 100x leverage with no KYC requirements, enjoy a 100% first- …

Welnax BioClear – How This Leading Toenail Fungus Device Uses Laser Therapy for Clear Nails

KOWLOON, Hong Kong, March 22, 2025 (GLOBE NEWSWIRE) -- Toenail fungus can be persistent and challenging to eliminate. Many traditional treatments, such as creams and oral medications, fail to provide long-term relief. The BioClear Toenail Fungus Device …

Bitcoin’s Official ISO Domain, XBT.com Goes to Auction in Historic Sale

Bitcoin’s Official ISO Domain, XBT.com hits the auction block at Lloyds, expected to break records as the most expensive crypto domain sale in history. BRISBANE, QUEENSLAND, AUSTRALIA, March 22, 2025 /⁨EINPresswire.com⁩/ -- Bitcoin’s Official ISO …

Fast Verify Releases Motion ID - New Real-time Video Verification Feature

Fast Verify continues to set new standards in identity verification technology with "Motion ID," which captures and analyzes verification video in real-time. LAS VEGAS, NV, UNITED STATES, March 21, 2025 /⁨EINPresswire.com⁩/ -- Fast …

Life Line Screening Reviews: What You Need To Know?

AUSTIN, Texas, March 22, 2025 (GLOBE NEWSWIRE) -- You may have come across plenty of Life Line Screening reviews and articles. But not all of them come with the required information that you need. As such, we share with you this thoroughly researched Life …

MindWaveDAO Team Unveils Token Progress, Exchange Listings and Compliance Achievements at Digital Asset Summit NYC 2025

Driving DeFi forward with verified smart contracts, regulatory compliance, and key exchange listings for the NILA Token. NEW YORK, NY, UNITED STATES, March 21, 2025 /⁨EINPresswire.com⁩/ -- MindWaveDAO is proud to announce that the NILA team …

Temenos ist bei den FStech Awards als Technologieanbieter des Jahres ausgezeichnet worden

GRAND-LANCY, Schweiz, March 22, 2025 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) hat heute bekanntgegeben, dass das Unternehmen bei den FStech Awards 2025 als Technologieanbieter des Jahres ausgezeichnet wurde. Damit wird seine führende Rolle bei der …

Temenos décroche le titre de fournisseur technologique de l’année aux FStech Awards

GRAND-LANCY, Suisse, 22 mars 2025 (GLOBE NEWSWIRE) -- Temenos (SIX : TEMN) annonce ce jour sa nomination au titre de fournisseur technologique de l’année aux FStech Awards 2025, un prix qui établit son leadership en matière de modernisation des …

Sotheby’s Concierge Auctions: Bidding Opens at US$8.5 Million for Iconic Southernmost Key West Estate

Auction closes live online on 31 March in cooperation with Ellen Gvili of Ocean Sotheby’s International Realty NEW YORK, NY, UNITED STATES, March 21, 2025 /⁨EINPresswire.com⁩/ -- Sotheby’s Concierge Auctions announced today that bidding has …

GWG INVESTORS FACE MAJOR LOSSES AS NEW BANKRUPTCY SETTLEMENT OFFERS JUST PENNIES ON THE DOLLAR

KlaymanToskes Continues Representing GWG Investors Against Brokerage Firms Who Sold GWG L Bonds NEW YORK, NY, UNITED STATES, March 21, 2025 /⁨EINPresswire.com⁩/ -- National investment loss and securities law firm KlaymanToskes continues …

IMPORTANT NOTICE TO CENTAURUS FINANCIAL CUSTOMERS WHO SUFFERED LOSSES IN GWG L BONDS

If You Suffered Losses in GWG L Bonds at Centaurus Financial Please Contact the Law Firm of KlaymanToskes IRVINE, CA, UNITED STATES, March 21, 2025 /⁨EINPresswire.com⁩/ -- National investment loss and securities attorneys KlaymanToskes continues …