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Citigroup plans to recruit 2,500 programmers this year for the unit that houses its traders and investment bankers, bulking up on coders and data scientists as technology reshapes the business.
Roughly three-quarters of the company’s trade orders last year were electronic, according to Stuart Riley, global head of operations and technology for the bank’s Institutional Clients Group. The ICG arm will add programmers in locations from New York to Chennai, India.
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A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
Eightfold AI, which many companies use as they screen job candidates, is being accused of gathering information about applicants without their consent.
The company's CEO made the announcement on Facebook, citing plans to build a new data center.
Donald Trump opened his second term as U.S. president with a market-jolting recalibration of his tariff policies.
U.S. hiring picked up in November and the unemployment rate increased, pointing to a moderating labor market rather than one that’s significantly deteriorating. Nonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October — a month constrained by storms and strikes — according to Bureau of Labor Statistics figures released Friday. […]
