March 28, 2024
Investment

Barclays plans hundreds of job cuts within its investment bank

Barclays is preparing a fresh wave of job cuts that will affect hundreds of employees within its investment bank, according to reports. The UK lender, which unveiled a strategy revamp in February in a bid to boost returns and cut costs, will strip out hundreds of roles across investment banking, research and markets, Bloomberg reported.

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Finance

Ant Group restructures part of its businesses into units, promotes veteran finance chief as president to spur growth

Developing | Ant Group restructures part of its businesses into units, promotes veteran finance chief as president to spur growth Ant Group will restructure part of its operations into several independently run business units and promote its finance chief to oversee what China’s dominant electronic payments service calls a “series of organisational changes” to spur

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Loans

Employers now offer student loan 401(k) match: What it’s like

When Amber Steeves started working at Verizon almost 15 years ago, she did one of the best things you can do when you start a new job. She enrolled in the company’s 401(k) program to begin saving for retirement. “I was never financially stable, and that was a goal,” she tells CNBC Make It. “OK,

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Investment

Google CEO Warns AI Investment Will Mean More Job Cuts: Report.

Google-parent Alphabet is set to cut more jobs in order to make space for investment in artificial intelligence. Alphabet CEO Sundar Pichai said some teams would need to eliminate roles in order to “create the capacity” for investment in promising areas such as artificial-intelligence, CNBC reported, citing an internal memo. That could be… Google-parent Alphabet

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Finance

5 levels of financial freedom, from married money coaches

It’s an attractive idea — who doesn’t daydream about leaving their job for good? But it comes with some financial realities. The traditional model for FIRE prescribed by early torchbearers of the movement, such as Mr. Money Mustache, relies on earning a high salary while living minimally to keep expenses low. “That message doesn’t actually

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