Entries tagged "Legg Mason"
Activist investor and CEO of Trian Nelson Peltz fights a rumor that he's targeting money manager Legg Mason.
More finance layoffs have been announced at American Express Co. (NYSE:AXP), HSBC Holdings plc (NYSE:HSBC), Legg Mason and more.
More tough news for bankers as the layoff announcements continue. A total of 92,260 job cuts have been announced at major investment banks since October. Earlier this week financial services firms had already announced 220,506 job cuts so far this year, according to Challenger, Gray & Christmas. Fresh layoff announcements are adding to that number. Here are some of the the latest....
A committee of some of American International Group Inc.'s major shareholders met on Monday to discuss the possibility of raising capital to pay off the Federal Reserve's $85 billion loan before the Fed exercises its warrants representing 79.9% of the company and completely washes out the shareholder base. ...
