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“To align their efforts fully with our shareholder interests our colleagues need to participate in the ultimate outcome of their efforts: the change in our share price,” Venkatakrishnan said on a call with journalists after the bank’s earnings. “I have long felt that this type of alignment between shareholders and employees through equity participation strengthens […]
When it comes to financial stability, the world is facing a split screen of short-term and medium-term factors. The good news is that near-term financial stability risks remain contained. Why? Because the likelihood of a soft landing for the global economy has significantly increased. As inflation continues to decline, major central banks have started cutting […]
NEW YORK (AP) — The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve. The S&P 500 ended up falling 0.8% after Asian and European indexes logged worse drops. The Dow […]
