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The E.S.G. Fight Has Come to This: Bankers Suing Lawyers

In effect, according to the bankers’ legal filing, the demands were “creating an ongoing state surveillance system.” The bankers further claimed that the attorney general was violating their right to […]




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Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm

Goldman Sachs is losing its shine.The doyen of investment banks released quarterly earnings on Tuesday that fell short even of analysts’ lowered expectations. Goldman did not just make significantly less […]




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How Twitter’s Board Went From Fighting Elon Musk to Accepting Him

Twitter’s board had reached the end of the road.It was April 24. Ten days earlier, Elon Musk, the world’s richest man, had made an unsolicited bid to buy Twitter for […]







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As Offices Ease Covid Safety Measures, Workers Worry

Employers are embracing a workplace atmosphere reminiscent of prepandemic times — elevators jammed, snack tables brimming, face coverings optional — even as a new subvariant of the Omicron coronavirus spurs […]




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Offices Close and Holiday Parties Fade as Omicron Brings New Concerns

As employers weigh vaccine guidelines and adjust their office returns, they also face a more immediate challenge: How will they celebrate the holidays as Omicron spreads? After a year of […]




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Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid

In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home […]




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The Accellion data breach continues to get messier

Morgan Stanley has joined the growing list of Accellion hack victims — more than six months after attackers first breached the vendor’s 20-year-old file-sharing product.  The investment banking firm — […]




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With a Big Tax Break, Hong Kong Tries to Soothe the Rich

HONG KONG — Political opposition has been quashed. Free speech has been stifled. The independent court system may be next.But while Hong Kong’s top leaders take a tougher line on […]




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He Built a $10 Billion Investment Firm. It Fell Apart in Days.

Until recently, Bill Hwang sat atop one of the biggest — and perhaps least known — fortunes on Wall Street. Then his luck ran out.Mr. Hwang, a 57-year-old veteran investor, […]