Wall Street banks spend more than $1bn on severance costs amid sharp job cuts

The bank announced last month it had nearly completed 5,000 job cuts. “I think there is going to be more right-sizing in investment banking,” said
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Crowdfunded real estate deals unravel as investor funds vanish … Hundreds of regular investors who together put up $63 million to buy pieces of
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Homes for Sale in Manhattan and the Bronx. This week's properties are on the Upper East Side, in the East Village and Spuyten Duyvil.
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Elevated mortgage rates. The 30-year fixed-rate mortgage averaged 6.96% as of July 13, according to Freddie Mac. That's up from 6.81% the previous
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SAN CLEMENTE, Calif.–(BUSINESS WIRE)– CareTrust REIT, Inc. (NYSE: CTRE) announced today that it has funded a $15.7 million mortgage loan on a
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The official spearheading Justice Department efforts to aid Ukraine by taking superyachts, art, and other luxury items from Russian oligarchs is
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(Reuters) – Flagstar Bank, a subsidiary of New York Community Bancorp, said on Thursday it has hired six private client banking teams from the
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A “lawyered up” Vanna White, 66, has reportedly negotiated her salary deal with “Wheel of Fortune” — but only for the celebrity competition,
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News · Ratings · Calendar · Company · Financials · Consensus · Revisions. Federal National Mortgage Association : Economic Pessimism Has Lenders
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Mortgage lenders cited “cost-cutting” as their most important business priority for the second year in a row, according to Fannie Mae's Mortgage
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Dama Financial's network of sponsor banks holds the deposits for cannabis-related businesses which, due to conflicting state and federal laws,
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In the competitive world of real estate, effectively and consistently securing listings is the key to success. Whether new to the industry or a
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A home in Kimlira tops all transactions in this week's real estate. Marilyn Saba, trustee, and John Saba Jr., of Sarasota, sold the home at 1406
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Karat, which offers credit card and banking to folks who sell via social media, also announced a new bank card that will help creators better
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Top Videos · J&J spinoff Kenvue CEO on first full quarterly earnings results since IPO · The hope that Q1 earnings was the trough may be dashed in Q2:
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White reportedly wanted 50 percent of what Sajak made on Wheel of Fortune, which sources said was around $15 million a year. White, by contrast, made
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Lastly, the Commission will step up the EU's international action, as the trade in shark fins is global. “The objectives will be to strengthen the
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For the first time in a year, profit margins on median-priced single-family home and condo sales in the United States increased, according to a
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is introducing a new set of AI-powered “virtual makeup” filters to its Teams platform, in collaboration with cosmetics giant Maybelline, The Verge
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With the average rate on the popular 30-year fixed mortgage just under 7%, according to data from mortgage finance agency Freddie Mac,
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