We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
CEOs fire workers swiftly and brutally, but such actions have destructive long-term effects for companies and staff
Republican politicians have sought to punish asset manager they accuse of being hostile to fossil fuel
US government alleges crypto founder communicated with potential witnesses in his criminal trial
Lawmaker Andy Barr says the financial system has been ‘co-opted by the intolerant left’
US shoppers continue to use their cards, but there are investor concerns over credit quality and higher funding costs
Reduction comes after rocky 2022 in which bank cut staff and slashed bonuses
Co-founder Marc Benioff refreshes software giant’s board after coming under fire from investors
Bank’s offices raided this week as part of investigation that has already led to one arrest in Germany
US supermajor falls short of fourth-quarter expectations but reports record annual earnings of $35.5bn
Radical Ventures secures investment from leaders Fei-Fei Li and Geoffrey Hinton among others
Plus, Big Oil shareholders get a windfall and Franklin Templeton’s dealmaking-fuelled reinvention
Cash bonanza enabled by retail investors fails to boost beneficiaries’ performance
Tech company’s shares fall after earnings show impact of collapse in PC sales and other factors
US home goods retailer says it does not have enough cash to repay debts of more than $1bn owed to the bank
Private equity group already contending with investors wanting to pull cash from Breit
Companies are not just cutting staff numbers but also the benefits they offer employees
They have little exposure to the risks from borrowers in hard times and benefit when consumers feel flush
New business drops but world’s second-largest asset manager weathers market storm
Electric-vehicle maker reports record quarterly revenue but acknowledges ‘uncertain macroeconomic environment’
Bondholders’ plan to swap debt for new equity will help insulate company from worst effects of price swings
One of world’s largest money managers shuffles leadership as it expands beyond US equity funds
The fourth member of the Johnson family to run the group is pushing quickly into new asset classes and technology
Five western supermajors forecast to earn $150bn in 2023, down by a quarter from record year
Forfeitures after WhatsApp scandal range from a few thousand dollars to more than $1mn per employee
Carriers forced to fly ageing jets boost aerospace suppliers such as AAR and Heico
International Edition