BANK of America is planning to cut jobs in its investment bank, one of the last major holdouts to bow to expense pressures that have left no one immune.
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Bank of England governor Bailey warns banks against issuing own stablecoins
The governor is also chair of the Financial Stability Board, which is responsible for monitoring risks in financial markets globally
Commentary: Companies are getting worse at laying people off
Businesses sometimes need to retrench employees. But that doesn’t mean those cuts need to be sloppy or cruel, says Beth Kowitt for Bloomberg Opinion....
