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“Goldman Sachs set to slash bonuses for investment bankers by 40%” Goldman Sachs may slash the bonuses of its roughly 3,000 investment bankers by 40% as the Wall Street giant grapples with an economic downturn that has affected the entire financial sector, according to a published report. The massive chop would be considerably higher than…
” The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae “ What do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets of the traditional financial system, which has been known to ban the accounts of both crypto traders and sex workers. On this…
” 13% of Americans have now held crypto: JPMorgan research “ Around 13% of the American population — or 43 million people — have held cryptocurrency at some point in their lives, new research from JPMorgan Chase has revealed. According to a Dec. 13 report titled “The Dynamics and Demographics of U.S. Household Crypto-Asset Use,”…
“Jamie Dimon warns of possible ‘mild to hard’ recession” Wall Street titan Jamie Dimon warned of a possible “mild to hard recession” as the Federal Reserve continues to hike interest rates — and meanwhile ridiculed cryptocurrencies, calling them as useless as “pet rocks.” The hard-charging chief executive of JPMorgan Chase said America’s global economic advantages…
“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…
“Morgan Stanley finally lures bankers back to the office 5 days a week” Morgan Stanley has finally succeeded in bringing its employees back to their desks five days a week, sources told The Post — and the threat of layoffs proved to be an effective incentive. On Thursday, the Wall Street giant’s CEO James Gorman…
“Jeffrey Epstein sex abuse accusers sue JPMorgan, Deutsche Bank” Two women who accused Jeffrey Epstein of sexual abuse slapped JPMorgan and Deutsche Bank with separate lawsuits, claiming the financial giants chose profits over reigning in the convicted pedophile’s alleged sex-trafficking operation. The women, identified only as Jane Does, filed the lawsuits Thursday in New York…
” Let’s move on from FTX’s collapse and get back to the basics “ Pundits are calling the collapse of the FTX exchange the end of cryptocurrency and venture capitalism related to it. But it’s not. Some of them anointed Sam “SBF” Bankman-Fried “The King of Crypto” — and then summarily killed the king. But,…
” JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The first week of November proved to be the institutionalization of DeFi markets as major…
” Traders expect 200% upside from MATIC, but does Polygon network data support that? “ In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price up…