SVB Distributed Bonuses Hours Before Bank Collapsed
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Silicon Valley Bank gave company-wide bonuses hours before it collapsed. Here are the latest banking news and updates.
Credit Suisse Clients Are Withdrawing Billions of Dollars
Credit Suisse clients are withdrawing billions of dollars after several scandals and setbacks have come to light. Here's the latest news.
These Companies Are Facing Massive Layoffs This Year
Which companies are laying off employees in 2023? Here's a list of 7 big companies you know that plan to lay off the workforce this year.
Goldman Sachs Lays Off 3,200 Employees and Cuts Salaries
Goldman Sachs said on Jan. 17 it had laid off around 3,200 employees as part of a headcount reduction, per Reuters. The bank said its board had awarded Chief Executive David Solomon compensation of $25 million for his work in 2022, compared with $35…
