#financial-sector

#financial-sector

South African equities continue to gain, driven by a positive trend in key sectors despite a mixed performance backdrop and trade uncertainties.

The number of credit unions in the Republic has fallen by more than a quarter in the last five to six years, largely due to voluntary mergers.

"We are at a decision-making point and very close to a recession. I’m worried about something worse than a recession if this isn’t handled well!"

Bank of America's post-2008 focus has been growing its assets under management with a shift towards wealth management, offering a comprehensive suite of financial services.

Top positions in the financial industry, such as banking executives, command the highest median salaries in Switzerland, followed closely by tax experts and cybersecurity professionals.

JPMorgan's recent layoffs, under 1,000 employees, reflect ongoing staffing adjustments, with further cuts anticipated throughout the year per their periodic business evaluations.