On December 31, Amundi French assets management company announced that it completed the acquisition of Lyxor from the French investment bank, Societe Generale.

The era of bankers dominating banking is over as software developers rise — and a record wave of job cuts will soon sweep...

By John P. Desmond, Editor, AI Trends   SoftBank has stopped production of its humanoid robot, named Pepper, and is downsizing its...

Lockdowns in the UK and overseas have put a significant dent in their revenues, external investment suddenly looks far harder to come by,...

Cerberus Capital Management, a shareholder in German bank Commerzbank, has called on the the bank to cut 7,000 jobs. Cerberus holds around 5% of...

Rachel Sheppard Contributor Any disaster will have its harshest repercussions on people who were already marginalized. It’s unsurprising,...

Santander is set to name, William Vereker, as its new UK chairman, reports the Financial Times. The appointment is expected to be approved later...

HSBC is planning to slash around 35,000 staff over the medium term to reduce the financial effect due to the prolonged COVID-19...

Santander has announced it will be hiring 3,000 IT workers this year as part of its ongoing digital transformation, despite the coronavirus causing...

Markets are taking the U.S. Federal Reserve’s less-than-optimistic economic forecasts quite hard, and that’s leading crypto traders to hit the sell button.  Bitcoin (BTC)...

LONDON — Energy producer BP announced June 8 that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams...