Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.
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Klarna, which is planning a US public debut as soon as early 2025, announced stellar first-half results for 2024.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.