UBS Will Now Fire 35,000 Employees Early as Next Month
UBS Group (NYSE:UBS) will now fire 35,000 Credit Suisse employees early as next month accounting for more than half of their workforce.
Goldman Sachs Is Beginning A New Round of Layoffs
Goldman Sachs is beginning a new round of layoffs at the managing director levels across the globe say people familiar with the matter.
New Report: $79bn Withdrawn from Banks in One Week
A new Fed report shows $79bn was withdrawn from banks in one week alone for the month of June. Here's the latest news and updates today.
Goldman Sachs is Under New Investigation by Fed and SEC
Goldman Sachs (NYSE:GS) is currently under a new investigation by the Fed and SEC related to the collapse of Silicon Valley Bank.
Money Expert Warns Government May Freeze New Bank Withdrawals
Hedge fund manager and macro economic expert Hugh Hendry says the government may freeze new bank withdrawals as currency panic sets in.