(Bloomberg) -- BNP Paribas SA is planning to cut as many as 50 roles across its unit in the UK as Chief Executive Officer Jean-Laurent Bonnafe ramps up...
-- BNP Paribas SA is planning to cut as many as 50 roles across its unit in the UK as Chief Executive Officer Jean-Laurent Bonnafe ramps up efforts to curb costs.The bank has started consultations with the employees as part of a yearly review of its staffing, people familiar with the matter said. BNP Paribas has about 4,500 staff in its UK bank.
Robert McLister: Rising yields on the government of Canada five-year bond signal rates could be entering a new cycle of highsOTTAWA — The Canadian Medical Association asserts the Liberals' proposed changes to capital gains taxation will put doctors' retirement savings in jeopardy, but some financial experts insist incorporated professionals are not as doomed as they say they are.
They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home. Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI has supercharged returns for longtime bulls.Google parent announces first-ever dividend; beats on sales, profit; shares soar
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.SECTORFOCUS BLOG Oil stocks have enjoyed an impressive rally, and they are unlikely to gain much more. It starts with the price of oil.
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