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Michelle Abrego

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As seen in: Business Insider, MSN, Business Insider Singapore, Markets Insider, MSN Deutschland, MSN India, Yahoo Canada, Yahoo News, Yahoo News Malaysia, Aol, Yahoo Finance and
Finance editor @businessinsider.
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Articles

Jamie Dimon is throwing a party to woo SpaceX employees who just struck it rich Original

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By Alice Tecotzky, Michelle Abrego Verified
| Business Insider Verified
A SpaceX-branded tomahawk steak carving station. That's the kind of extravagant detail JPMorgan put into a celebration for Elon Musk's rocket-making company's record-breaking public debut. JPMorgan is set to host around 250 SpaceX employees at its new Park Avenue headquarters for an intergalaxy-inspired evening with dinner and cocktails Friday, a source familiar with the bank's plan told Business Insider.
Open in Who Shared View Duplicates (4) Issue with article?

What bank execs are saying AI is doing to their workforces, from 'human assembly lines' to redeployment plans

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By Alex Nicoll Verified, Alice Tecotzky, Michelle Abrego Verified
| Business Insider Verified
David Solomon's most definitive statement about how AI will affect Goldman came in a memo he released in 2025 alongside the firm's president, John Waldron, and CFO Denis Coleman. The memo, announcing the third iteration of the bank's cross-bank initiative OneGS, said that AI will drive efficiency at the firm, which will mean slowing hiring and reducing roles.
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What bank execs are saying AI is doing to their workforces, from 'human assembly lines' to redeployment plans

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By Alex Nicoll Verified, Alice Tecotzky, Michelle Abrego Verified
| Yahoo Finance Verified
Bank CEOs have praised the pivotal efficiency changes promised by AI. Some have said AI will cut jobs, and others say it will create more employment opportunities. We looked at the public record to see what banking's top executives are saying about head count. Is AI coming for Wall Street's jobs? Not yet. Some 60% of the 240 financial services CEOs surveyed by EY said they think investing in AI will maintain or even increase their current head count in 2026.
Open in Who Shared View Duplicates (3) Issue with article?
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