Wells Fargo, the U.S. banking industry’s largest employer, became the first major lender in the nation to resume job cuts after a number of top firms said they would try to offer workers stability during the Covid-19 pandemic.
GI Partners closes first fund to invest in data centers, as the pandemic underlies the importance of data infrastructure. GM takes stake in Nikola to partner on producing electric pickup trucks. PE news from Silver Lake, Apax and Levine Leichtman. Bofa invests in three Black-owned banks.
September 08, 2020
Join our Membership
Join the Merger & Acquisitions community to access premium content and exclusive member-only benefits.
The chiefs of some of the biggest U.S. banks called on their workers to fight racism after an unarmed black man died as a result of a white police officer kneeling on his neck, prompting nationwide protests.