Banks including Barclays and Goldman Sachs Group Inc. have almost $9 billion worth of high-risk loans and bonds weighing on their balance sheets and face a nervous wait for the credit markets to reopen before they can sell the debt.
Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology.
"We have created a platform for change in this industry."
“You’ve got to see it to be it,” said NBC’s Stephanie Ruhle about the crucial role women’s networking groups play in financial services. Portfolia CEO Trish Costello and StarVest Partners co-founder Laura Sachar also spoke at the event.