Archive
Citigroup Reportedly to Slash 53,000 More JobsEarlier this month, Citigroup began notifying employees who were affected by its previo...
Archive
Top-Paid CFO in U.S. to Forgo BonusOther Goldman Sachs executives, including CEO Lloyd Blankfein, asked the board’s compen...
Archive
Morgan Stanley to Cut 9 Percent of Asset Management StaffThe firm also plans to lay off 10 percent of its institutional securities staff.
Archive
Vigilant Due Diligence Could Head Off Vendor Viability IssuesGiven the unpredictable nature of today’s markets, it’s essential that HR talk to procu...
Archive
$4 Trillion Lost Worldwide by Pension Funds in 2008Losses were highest in Ireland, the U.S. and the Netherlands, where exposures to equiti...
Archive
Transport Workers Union Can Automatically Collect Dues AgainThe union’s president promises not to strike again. It struck in 2005, violating the Ta...
Archive
October Sell-Off Hits Plan Funding RatioThe funding ratio of the typical public and private U.S. defined-benefit plan with a mo...
Archive
Aetna Planning Job ReductionsThe economic downturn is to blame, the company’s CEO says. A spokesman doesn’t say when...