American Express will hold another round of layoffs, after cutting 7,000 jobs in October 2008, decimating its work force. The credit card concern also froze…
According to Reuters, banks, insurers and asset managers worldwide have announced 373,760 job cuts since August 2007. The five firms that top the list for…
United Services Automobile Association is moving 240 California and Virginia jobs to its operations center in San Antonio, Texas. In February, the financial services firm…
Wisconsin's AnchorBank will shutter branch offices in Madison, Neenah and Oshkosh later this year. The move will eliminate 19 positions. AnchorBank will be left with…
Merrill Lynch Global Wealth Management, a unit of Bank of America, has cut some business manager positions, laying off some employees and retaining others in…
Detroit's GMAC Financial Services will create 200 jobs for Charlotte, according to the North Carolina Department of Commerce. Tax incentives worth $4.5 million will be…
Santa Barbara, California bank holding firm Pacific Capital Bancorp will cut 300 workers, or 22% of its workforce. The company will cut 80 positions in…