Goldman Sachs job cuts — How to pitch VCs — Walmart's trucking ambitions

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

My name's Matt Turner, and I'm the Executive Editor at Business Insider. Starting today, I'm going to be sending out a weekly email highlighting some of the best reporting from our BI Prime coverage.

Goldman Sachs is cutting roughly 5% of its sales and trading staff as its new CEO, David Solomon, conducts a review of the business and looks for ways to improve collaboration between the divisions.JPMorgan and Citigroup just closed bond desks for smaller trades in favor of algorithms. It's another sign that robots are taking over.

Some of Wall Street's biggest corporate bond dealers are replacing humans with algorithms for a portion of their trades, another sign the robot revolution is in full swing. Investors are starting to freak out about the amount of their activity being monitored and monetized by investment banks Investors need to be more careful than ever about how they click, talk, and type. Investment banks are watching.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs is reportedly opening up a secretive investing group to outsidersThe push is part of a broader plan by CEO David Solomon to boost revenue across the company to make up for a multi-year decline in trading results. in other words to take from others Goldman 👶😍meoww👅 If they won’t sell steal it !
Source: CNBC - 🏆 12. / 72 Read more »

Goldman Sachs: Buy these fast growers to beat market as overall earnings growth slowsIn an economic slowdown, investors should look to companies with above-average sales growth as the rest of the market is weighed down by rising costs, according to Goldman Sachs. Coors cannabis JV partner HEXO true growth story. Earnings on Thursday for first full quarter since Canada legalized recreational cannabis.
Source: CNBC - 🏆 12. / 72 Read more »