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Cisco Stock Gains on Earnings. Layoffs Are Coming.
Cisco Systems shares are trading higher after the networking-infrastructure company posted better-than-expected revenue and profit growth for its fiscal first quarter, ended Oct. 29. The company also ...
Banks Nearing $1 Billion Settlement Over Traders’ Use of Banned Messaging Apps
WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regul...
Billionaire George Kaiser’s Bank Drills Deeper Into the Oil Patch
Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial Corp. BOKF 1.09% has doubled down. The Tulsa, Okla.-based bank holding company for the...