The annual Senate quizzing of US big bank chief executives threw up all the usual favourite partisan arguments, but little else. If this is oversight, it often lacks insight.
The company will incur about $175 million-$200 million in severance costs associated with the layoffs, said vice chairman and chief financial officer Eric Aboaf.
ADFW 23 demonstrated to the world why Abu Dhabi is the capital markets hub of MENA as investment management and fintech firms and talent flocks to the region.
In a three-hour Senate Banking Committee hearing on Wednesday, US. Sen. Raphael Warnock (D-GA) asked eight CEOs of the biggest banks in the country to raise their hands if they support the SAFER Banking Act.