by Ken Chase | Jan 8, 2023 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase It seems like only yesterday that the U.S. banking industry was reeling from the aftermath of a financial crisis that saw them receive billions of dollars in bailout funds to prevent an industry-wide collapse. Now, more...
by Ken Chase | Jan 3, 2023 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase Tens of millions of American workers receive income as independent contractors or via gig work as part of the growing gig economy—a segment of the U.S. economy that now includes roughly a third of all workers. In recent...
by Ken Chase | Jan 2, 2023 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase Earlier this month, Goldman Sachs CEO David Solomon told Bloomberg that he saw “bumpy times ahead” that would lead to cuts in the bank’s workforce. In this week’s annual year-end memo to the bank’s staff, Solomon went...
by Brian Pillmore | Dec 15, 2022 | Banks, News
Estimated reading time: 2 minutes By: Ken Chase The CEOs of two of the nation’s largest financial institutions, Bank of America and Wells Fargo, warned that consumers appear to be pulling back on spending in recent weeks. That news suggests that the Federal Reserve’s...
by Ken Chase | Nov 28, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes The U.S. Securities and Exchange Commission recently confirmed that it had settled charges against Goldman Sachs Asset Management. GSAM had been charged by the regulator for issues related to its failure to follow the...
