Reports Financial News

08.12 / 15:53
Telegram WhatsApp reports prevention Asian bankers know it's a bad market but still have big demands about jobs
It’s no secret that finance’s job market is going through a bit of a malaise at the moment around the world, but that doesn’t seem to be preventing demands from being made – and in Asia especially.
08.12 / 15:53
Citi FIVE Latin reports Morning Coffee: Citi explained exactly what happens when it cuts jobs now. Banker makes no apologies for his “golden age” of hiring
When you fire somebody, you save the cost of paying them, but you now have the problem of who is going to pick up the work they used to do.  It sounds pretty obvious, but in fact a lot of banks have come to grief over the years by forgetting that the equation has two sides, and that you need to have an answer to the question (even one as simple as “nobody, we’re closing that business line down”) before you make the redundancy announcement.  In the case of Citi’s current reorganisation, CFO Mark Mason has put some thought in, and he spelled it out quite clearly at the Goldman Sachs conference yesterday.
08.12 / 15:53
JPMorgan Strategy Citigroup Parke Discover Patrick reports park Morning Coffee: The big question about Barclays' 81 new managing directors. Morgan Stanley analysts discover excuse to lurk in the park
Barclays, which is in the process of devising a new strategy that may not, but should really, mean a lot of job cuts in its investment bank, is also making some promotions. In apress release yesterday, it said it had promoted 81 managing directors in its investment bank, down from 85 last year. 
08.12 / 15:53
Career Telegram JPMorgan BlackRock WhatsApp reports The Top 10 Ideal Employers for people aged 20-25
Our Ideal Employer report had 7,500 respondents, and there was one clear winner — JPMorgan. The bank, as we noted, swept pretty much every category, and came second when it didn't sweep them.
08.12 / 15:53
Citi Action Citigroup show Inside reports Investment banks and the scourge of pre-Christmas job cuts
It happens every year, but this Christmas especially there are a lot of people in banks staring at their screens, dreading an unexpected invitation to a meeting with line manager, at which a member of the HR team also happens to be in attendance. In the words of one Citi trading insider, the next few weeks could be «brutal.»
08.12 / 15:53
Citi Telegram WhatsApp Fitch show reports The Bank of England suggests a resurgence in high yield & leveraged finance jobs...in 2028
If you work in UK high yield or leveraged finance and you're concerned about your job security, then hang in there. After a terrible year for both markets in 2023, today'sFinancial Stability Report from the Bank of England suggests things will improve. But you might have to wait a few years.
08.12 / 15:43
Fox LEGO Nov Patrick pandemic President reports High inflation has Americans cutting back on holiday spending, poll finds
Former Trump economic adviser Steve Moore joined 'The Bottom Line' to discuss the left-wing media's claims that inflation would worsen under former President Donald Trump's presidency.
08.12 / 15:43
Provident Aware Ball CEO President reports Department Financial Banking regulator warns financial firms about AI risks
C3 AI CEO Tom Siebel provides insight on the unimaginably powerful technology on The Claman Countdown.
08.12 / 15:43
economy Actor show reports Department US economy adds 199,000 jobs in November, unemployment rate unexpectedly falls
XPO Executive Chairman Brad Jacobs discusses his new company specifically designed to make acquisitions in the industrial space on 'Making Money.'
08.12 / 15:21
reports Why Paramount stock is surging today
Paramount Global (PARA) shares surged more than 11% on Friday, reaching their highest level since July.
08.12 / 15:21
Manufacturing economy Align show hospital reports prevention week Fed should 'lowball' rate cuts expectations next week says analysts after strong jobs data
In November, nonfarm payrolls in the U.S. rose by a seasonally adjusted 199,000, surpassing the Dow Jones estimate of 190,000 and outpacing the October gain of 150,000.
08.12 / 14:55
Citi Provident Digital Platform innovations information reports Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
Dec. 8th, Panama,Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter of that sum being in the form of Tether (USDT).
08.12 / 14:49
Manufacturing Healthcare Experts reports medicines Fear of AI replacing jobs is a genuine concern: Shrijeet Mishra
rise of AI has sparked concerns among employees who perceive it as a potential job killer in various industries such as manufacturing and automation, transportation and logistics, healthcare, finance and banking, retail and e-commerce, customer service and support, agriculture, and legal services. According to a report by Goldman Sachs, there could be a loss of 300 million jobs due to AI.
08.12 / 14:49
CEO reports week Smallcap stock under ₹50: IRB Infrastructure Developers hits 52-week high on robust toll collection
IRB Infrastructure Developers were locked at over 3 per cent upper circuit at ₹40.95 apiece on the BSE, hitting its new 52-week high mark on Friday, December 8. This came after India's largest toll operator reported a 20 percent on year rise in gross toll collections in November 2023. The company clocked in toll collections worth ₹437.05 crore in November compared to ₹366 crore in the year-ago period.
08.12 / 14:49
Target Assurant information reports Department Penny ₹200 crore cash recovered in Odisha I-T raids, Congress MP under lens; PM Modi says ‘every penny will be returned’
₹200 crore so far from the Boudh Distillery Private Limited in Odisha, and as per sources, the counting is still on. Prime Minister Narendra Modi also reacted to the raids and assured that every penny will have to be returned. “The countrymen should look at the pile of these notes and then listen to the honest 'speeches' of their leaders…Whatever has been looted from the public, every penny will have to be returned, this is Modi's guarantee," PM Modi said in a post on X with a newspaper clipping on the raids.
08.12 / 14:49
Man Merit Amicus reports NOT 'Judges not expected to preach': Supreme Court on Calcutta HC order asking adolescent girls to 'control sexual urges'
adolescent girls should "control sexual urges" and "not give into two minutes of pleasure". The high court had made the observations while hearing an appeal by a boy who was sentenced to 20 years in prison for the offence of sexual assault.
08.12 / 14:49
Strategy economy President Experts reports Italy's exit from China's Belt & Road Initiative. Why India should be happy
China on its own terms. The summit between US President Joe Biden and Xi Jinping and the EU-China Summit underscores the reality that the West is no longer ready to budge on critical issues," he added. The expert mentioned China's failed strategy to create a divide between Europe and the US and its difficulties in dealing with them amid an economic crisis.
08.12 / 14:13
Reuters economy Actor show cover reports Department US November payrolls growth hurts case for early '24 Fed cuts
NEW YORK (Reuters) — U.S. job growth accelerated in November and the unemployment rate dropped to 3.7% even as more people entered the labor force, pointing to underlying strength in the labor market.
08.12 / 14:13
Target Reuters Southern Death film reports prevention Israel, on Reuters finding its forces killed Lebanon journalist, says area a combat zone
JERUSALEM (Reuters) — The Israeli military, responding on Friday to a Reuters investigation that determined its forces killed a Reuters journalist in southern Lebanon on Oct. 13, said the incident took place in an active combat zone and was under review.
08.12 / 14:13
show reports Traders see March start to Fed rate cuts less certain after jobs data
(Reuters) — Traders of short-term U.S. interest-rate futures on Friday pared bets the Federal Reserve will start cutting interest rates in March, and now see a May start to rate cuts more likely after a government report showed U.S. job gains accelerated last month. 
08.12 / 14:13
economy show reports Department U.S. economy adds 199,000 jobs in November
Investing.com - The U.S. economy added more jobs than anticipated in November, in a sign of lingering robustness in the American labor market that could factor into how the Federal Reserve approaches its future interest rate decisions.

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