The court-appointed lawyer overseeing the assets and operations of Texas billionaire Sir Allen Stanford has informed 1,000 US employees their jobs have been terminated, and…
M&T Bank will lay off almost 30% of Provident Bankshares' workforce, when its acquisition of the Baltimore-based company is completed in May. While 521 jobs…
San Francisco-based Wells Fargo is laying off between 3,000 to 4,000 jobs in Charlotte, North Carolina. The cuts will start in risk management and corporate…
European bank HSBC is shuttering hundreds of branches in the US that specialize in mortgage and consumer lending, and eliminating thousands of jobs, as it…
Barclaycard is opening a customer contact center in Newark, Delaware, and will hire 300 new employees by early April. Governor Jack Markell says the company…
JPMorgan Chase will eliminate 2,800 more jobs at Washington Mutual through attrition, bringing to 12,000 the total number of positions lost since the bank purchased…
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…