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Banking Sector Layoffs is Here!
Massive lay-offs coming to banking sector but others to follow shortly.
serf
In recent weeks, executives have grown pessimistic, saying that revenue from robust activity in parts of the fixed-income world has probably peaked this year, and that equities revenue will continue to decline amid a bear market in stocks.
“Most of the banks are budgeting for declines in revenue next year,” according to a person involved with providing data and analytics to the industry. “Investors know the general direction of the market, at least in the first half, and the thinking is that client demand for hedging has probably peaked.”
Comments
How do I function in a socialistic world
Q,E. to infinity for the last 10 years from the Federal Reserve! What could possible go wrong? The all mighty dollar on the pyramid got one trump card left. The U.S. Military which is iffy at best. President Biden is soon to waste it on The coming conflict in The Middle East,
serf
https://www.timeso.fisrael.com/raam-chief-abbas-warns-allowing-jewish-prayer-on-temple-mount-will-lead-to-war/
Speaking Monday, Likud leader Benjamin Netanyahu — who is set to form the next government — said he would “maintain the status quo” at the Temple Mount despite pressure from Ben Gvir. The Otzma Yehudit leader is seeking to be public security minister, which would make him responsible for keeping the peace at the Jerusalem holy site.The Temple Mount is the holiest site in Judaism and is revered as the location of both ancient Jewish temples. The compound is Islam’s third holiest site and is managed by Jordan — whom Israel captured the Old City and the rest of East Jerusalem from in the 1967 Six Day War — as part of a delicate arrangement with the Jewish state
It will get interesting in 2023 where exactly interest rates end up .
I've been holding out waiting for paid interest rates to go up on my savings account. Not happening! .01% is an insult.
Making changes very soon with a credit union in my sights.
cyber-currency is in trouble ..no regulation