How whistleblowing became an industry in the wake of #MeToo

Advising companies on setting up whistleblower services has become a burgeoning industry in the wake of the #MeToo movement and a high-profile scandal at Barclays, with businesses spending up to £100,000 to establish services for concerned staff. Demand for...

2019 Was the Year of the CEO Exodus

CEO departures through November rose 12% year-on-year to 1,480, according to executive outplacement firm Challenger Gray & Christmas. That was only four exits shy of the record set in 2008, during the turmoil of the global financial crisis. Since November, five...

The future of banking is basically robots running everything

Banks will have to convince robots – rather than humans – that their deal is the best in the market Financial institutions are already using artificial intelligence to cut costs and deliver new services. But what about the customers? In 2020, we will start to see more...

Instacart workers organize for higher wages

Thousands of Instacart contract “shoppers” — who fetch groceries for one of the largest on-demand companies in the gig economy — have gone on strike for higher wages, the Washington Post reports. The big picture: Instacart shoppers said their wages...

Wells Fargo adds more external bankers to top ranks

Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago. Powell, who worked with Scharf at Bank One and then JPMorgan Chase...