Huntington Bancshares has begun notifying employees affected by the 500 jobs it’s cutting by early next month. Huntington’s cost-cutting plan, expected to save about $100…
Royal Bank of Scotland Group is set to unveil severe cost-cutting measures that are likely to include the bank's exit from some emerging markets, sale…
UBS AG, Switzerland’s biggest lender, will offer investment bankers more pay this year after announcing 2,000 additional job cuts at the unit. The bank plans…
Tribal leaders with the Bois Forte band of Chippewa are working to create jobs and increase opportunities on the Nett Lake reservation. The tribe's Fortune…
Huntington Bancshares is laying off 500 employees, or 4% of its work force; foregoing 2008 employee bonuses; and is ceasing its 401(k) matching program. CEO…
Pittsburgh's PNC Financial Services Group plans to cut 5,800 jobs following its recent purchase of National City, and posted a Q4 loss of $248 million.…
Federal regulators closed three banks in a single day Friday, as the ongoing credit crisis showed no signs of abating. Utah's MagnetBank became the fourth…