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“Citibank office shooter targeted company over $2,500 debt: says Florida sheriff” A gunman who killed a woman before being fatally shot by a security guard at Citibank’s sprawling office complex in Tampa targeted the campus because he was angry over a $2,500 debt collection, a sheriff said Thursday. About three hours before Wednesday’s shooting, Jacob Pearson called…
The battle over $20 billion worth of climate-related funding authorized by Congress continues as an appellate court ruled on Tuesday in favor of the Environmental Protection Agency, which had terminated Biden-era grants made to nonprofits. The legal tussle stems from EPA administrator Lee Zeldin’s decision to cancel grants dispersed as part of the Inflation Reduction…
“Wall Street banks to slash bonuses up to 30% as slowdown looms” Big Wall Street firms reportedly are preparing to slash year-end bonuses — a sharp about-face from the lavish payouts handed out during the pandemic — as the industry braces for a major slowdown in dealmaking. Premier banks on Wall Street — JPMorgan, Bank…
“Citi wants to lure junior bankers to a Spanish beachside paradise” Citigroup is setting up shop in the idyllic town of Malaga, Spain in hopes of luring thirtysomething junior bankers who want warm weather most of the year, a relatively low cost of living — and the beautiful Mediterranean coastline. The Wall Street bank is…
“#Citi asks NYC-area workers to return to the office in February” It’s back-to-the-office for workers at Citi in the New York City area. The Wall Street giant is asking all tri-state area employees to return to the office Feb. 7 as cases of coronavirus gradually subside. Elsewhere in the U.S., the bank is keeping a…
“#Multiple Goldman Sachs analysts behind leaked slideshow have left firm: report” At least five of the 13 first-year employees at Goldman Sachs whose leaked PowerPoint presentation called out brutal 105-hour workweeks and an “abusive” atmosphere have left the bank, according to a report. The slide deck that ricocheted around social media in March led to…
“#Wall Street tightens political donations following Capitol riot” Wall Street’s largest banks are shutting off the spigot of money to DC in the aftermath of last week’s deadly invasion of the US Capitol. Megabanks like JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley are all pausing some or all of their political giving in light…