ECONOMY
China’s Industries Showing Signs of Decline
It’s not a good sign for the world when one of the biggest economies of the world shows multiple signs of decline, such as real estate, manufacturing and consumer spending.
BANKING
UBS Posts Historic Q2 Profits
Thanks to taking over beleagured Credit Suisse, UBS posted a historic Q2 net profit of $28.8 billion. As the Swiss behemoth continues to integrate Credit Suisse’s operations into its own, it has stated this will lead to rounds of layoffs.
WORK LIFE
Banks Say “No” to Remote
As summer comes to an end, Wall Street Banks are laying down the hammer on those who aren’t returning back to the office for at least three days per week.
Nothing screams “productivity” more than surfing the Internet for your next finance job at the office instead of at home. (Oops, did we say that out loud?)
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