Finance
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940Wall Street’s trading desks need a new fitness routine — and it’s about more than just job cuts
Julia La Roche Wall Street trading desks need a new fitness routine. That’s a polite way of saying they’re bloated, and they...
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917The world’s oldest bank is cutting 2,600 jobs — and shares are crashing (BMPS)
Italian Prime Minister Matteo Renzi pouts.Reuters Banca Monte dei Paschi di Siena (MPS), the stricken Italian lender, will cut around 2,600 staff...
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945Madrid is using the sun and Brexit to go after London’s business crown
Shutterstock Spain’s capital has entered the battle to take over from London as Europe’s post-Brexit business hub, using the sun as a...
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PAL: There’s ‘something bad on the horizon,’ and the average investor should get out of the way
The average Joe needs to get out of the markets, according to former hedge fund manager Raoul Pal. “There’s no point in...
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881Twitter is planning to cut as much as 8 percent of its staff this week (TWTR)
Twitter CEO Jack DorseyBill Pugliano/Getty Twitter is planning a big round of layoffs that could affect up to 8% of its staff,...
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904Wells Fargo’s scandal probably never would happened if the bank listened to its whistleblowers
Wells Fargo’s John Stumpf joins other TARP recipient financial institution leaders as they testify before House Financial Services Committee on Capitol Hill...
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947The 17 most powerful LGBT+ executives in the world
Gigi Chao, vice chairman of £1.2 billion property firm Cheuk Nang Reuters / Bobby Yip LGBT+* executive network OUTstanding has released its...
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964Here comes Markit manufacturing PMI …
AP US manufacturers had a strong start to the fourth quarter, according to Markit Economics’ preliminary report on the sector for October....
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956The fintech ecosystem explained
Shutterstock We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount...
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962EL-ERIAN: There’s 2 election scenarios that’ll cause the markets to go haywire
Mohamed El-Erian, chief economic advisor for Allianz, speaks at the Reuters Global Investment Summit in New York, November 17, 2015.REUTERS/Brendan McDermid Mohamed...