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Message : Required fields NEW YORK (Reuters) - Japanese mega-bank Mitsubishi UFJ Financial Group has cut six members of its U.S. team, four in sell-side markets research, sales and trading, and two investment-banking advisors, according to a source familiar with the matter. The job reductions were made in the last week, the source said, as the bank expands its fixed-income trading and debt capital markets businesses, for which has been hiring since mid-2020. With assets worth roughly $3.1 trillion, MUFG is hoping to use its sizeable balance sheet to venture further into primary and secon...

Novavax CFO Greg Covino To Step Down; Appoints John Trizzino As Interim CFO WASHINGTON (dpa-AFX) - Novavax Inc. (NVAX) said that Greg Covino will step down as Chief Financial Officer and will take on a new role as executive adviser to the company. The company noted that John Trizzino, Executive Vice President, Chief Commercial Officer and Chief Business Officer, will assume the CFO role on an interim basis while a search is under way for Covino's replacement. Novavax promoted Gale Smith to Senior Vice President, Discovery and Pre-Clinical Research and Chief Scientist. It appointed Troy Morgan...

Federal Reserve Chair Jerome Powell says he has nothing but affection for his work, suggesting that the 68-year-old central banker could be open to a second term if asked.

Gian Lorenzo Bernini (1598-1680), Apollo and Daphne, detail of upper portion, 1622-25, marble, 95 5/8 inches (2.43 meters) high, Galleria Borghese, Rome, detail. Photo source: Alvesgaspar / Wikimedia Commons. Don’t mess with Cupid. Apollo, the most handsome of the Greco-Roman gods, was the charioteer of the Sun, as well as the god of music, poetry, eloquence, art, medicine, prophecy, and archery. But Apollo made the mistake of dissing Cupid — and he paid an everlasting price. This article explores the Apollo and Daphne myth in examples of Renaissance, Baroque, and Rococo art, concluding w...

What to do about the new coronavirus strains? Could hypercontagious variants of the virus derail the nascent global economic recovery? The IMF recently revised its World Economic Outlook acknowledging all the risks (including the effects of lockdowns), and raised its forecast for worldwide growth this year to 5.5%, after a drop of 3.5% last year, with peaks at 11.5% in India and 8.1% in China, and 8% growth in global trade. The economic rebound, according to MUFG rates strategist John Herrmann, has strong tailwinds. On the other hand, he notes, those new Covid strains are strong headwinds. An...