Isn't it curious that two of the top stockholders at BNY Mellon, SsGA, and Berkshire Hathaway are potentially competition driving BNY Mellon to ruin? It doesn't even seem reasonable that this is legal.
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Global Incompetent Accounting
What does GIA mean.
And yes- layoffs are always coming.
It’s the business model. Don’t look for efficiencies. Don’t look to retain business. Don’t look for new business.
Just keep cutting.