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Alasdair Milton is a managing director in KPMG's healthcare and life sciences strategy practice with over 20 years of experience. He leads the precision medicine offering, with a particular focus in cell and gene therapies. As a trained cancer biologist, he helps clients solve complex business problems that require deep scientific and technical knowledge, and has worked across a multitude of therapeutic areas.

Christine Kachinsky is the U.S. life sciences tax industry leader and a partner at KPMG. She leads teams providing tax and advisory services to several global pharmaceutical companies and serves as one of the firm's subject matter experts with respect to R&D incentives and global incentives for energy and sustainability investments in the form of grants, investment tax and/or other tax credits and deductions.

Lenders and brokers have slashed two-thirds of the positions added since 2020, but the question now is whether reducing staffing to the level seen that year will be enough.

Management provided upbeat commentary both about the period and how the second quarter is progressing.

The popular notion that any downturn this year will be mild by historical standards as firms seek to "hoard" labor is about to be put to the test.

These originators are more than holding their own in a largely male-dominated business.

The Cleveland-based bank says it will submit to a racial equity audit conducted by an outside law firm, as Citigroup and Wells Fargo have previously done. The bank's decision follows a request that regulators investigate Key's mortgage lending practices for alleged redlining.