Wall Street giant starts to wield the axe amid macroeconomic headwinds

Goldman Sachs is set to begin a large round of staff layoffs this week, cutting as many as 3,200 jobs, according to a 9 January report from 

The bank is poised to start the job cutting midweek this week as it plans to make large cost-cutting measures amid a choppy economic environment.

Goldman Sachs to begin thousands of job cuts this week

Anviksha Patel

Goldman Sachs

Banking

Finance

Why HSBC is all in on UK wealth management

Rathbones’ assets fell 5% to £104bn ahead of tariff turmoil

Citi hires JPMorgan veteran for wealth business

Trading Places: Hires for Citi, UBS and Paul Hastings

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Paul Weiss hires two A&O Shearman partners in London growth push

https://images.fnlondon.com/im-24017599?size=1.5

New York law firm raids Magic Circle rival in London

RBC revamps European sales team with ex-UBS fixed income head

https://images.fnlondon.com/im-72486066?size=1.5

Mark Tinworth joins Canadian bank in newly created role

Stock markets globally were mixed with U.S. futures pretty much flat following Thursday’s bounce after the U.S.-U.K. trade deal.

Global Markets Mixed as Investors Look Toward U.S., China Talks

Global Markets Mixed as Investors Look Toward U.S., China Talks in Switzerland

My success was fueled by hard work and planning—not by my endless fear about outcomes.

I Thought I Needed Anxiety for My Job. I Was Wrong.

Federal prosecutors had sought a sentence of at least 20 years for Alex Mashinsky, who attracted customers—many of them ordinary investors—by urging them to “unbank” themselves and park their savings at Celsius.

Celsius’s Mashinsky, Former Crypto High-Roller, Gets 12-Year Prison Sentence

Stocks fell a lot, perhaps too much, after “Liberation Day.” They have now rebounded a lot, perhaps too much.

Why This Stock-Market Bounce Won’t Hold

Earlier in the day Coinbase announced a $2.9 billion cash-and-stock deal to acquire Deribit, a bitcoin options exchange.

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News

Global Markets Mixed as Investors Look Toward U.S., China Talks

I Thought I Needed Anxiety for My Job. I Was Wrong.

Celsius’s Mashinsky, Former Crypto High-Roller, Gets 12-Year Prison Sentence

Why This Stock-Market Bounce Won’t Hold

Coinbase Reports Drop in Profit