NEW YORK U.S. investment bank Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years.
By Rozanna Latiff, Joseph Sipalan and Elizabeth Dilts Marshall | Video
NEW YORK, July 23 Asian markets are set to open
mostly lower on Friday as China vowed to retaliate against a
U.S. order to close one of its consulates, and the American
equity markets fell on gloomy data about its labor market.
* Global stimulus seen providing structural support for risk
assets - Saxo
NEW YORK Asian stocks were likely to come under pressure on Thursday as fresh diplomatic tensions between Washington and Beijing heightened investor jitters and overshadowed the boost to Wall Street from U.S. stimulus hopes.
NEW YORK, July 22 Asian stocks were likely to
come under pressure on Thursday as fresh diplomatic tensions
between Washington and Beijing heightened investor jitters and
overshadowed the boost to Wall Street from U.S. stimulus hopes.
SINGAPORE/NEW YORK, July 22 The euro stood at an
18-month high, silver soared and commodities forged ahead on
Wednesday, as economic recovery hopes drove bets on rebounding
world demand and a falling U.S. dollar.
NEW YORK, July 21 Asia shares were set to open
lower on Wednesday after U.S. President Donald Trump's comments
regarding the country's surge in novel coronavirus cases
outweighed a slight rally on Wall Street.
TOKYO/NEW YORK, July 21 Asian shares advanced on
Tuesday as prospects of a deal by European Union leaders to
jointly fund recovery of their economies and hopes for a
coronavirus vaccine lifted risk appetite.
NEW YORK, July 20 Asian shares were set to open
higher on Tuesday after U.S. markets gained ground on positive
data from trials of three potential COVID-19 vaccines and hopes
that the European Union would finalize a recovery fund.