Months before it became the second-largest bank in U.S. history to fail, Silicon Valley Bank quietly laid off 100 to 120 employees, according to an internal email seen by NBC News. The layoffs, done ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Commonwealth Bank Australia (CBA) employees are reportedly in “panic mode” following the bank’s latest job cut announcement, ...

Nearly two months after merging with New York Community Bancorp, Inc., Flagstar Bank has reduced its retail mortgage business and cut jobs as it restructures the company. In a fourth quarter and ...

Changing jobs has long been the surest way to get a raise, a phenomenon that gained momentum early in the pandemic when the "Great Resignation" saw millions of workers quit their jobs and decamp to ...

PTSB ’s move to put itself up for sale has stoked concerns a new owner will cut branches and jobs in the Republic’s least ...

BERLIN, April 20 (Reuters) - Deutsche Bank (DBKGn.DE), opens new tab plans to reduce its executive board to nine members from 10 and to cut some jobs in infrastructure and in its private banking ...

Banking giant Wells Fargo has agreed to pay $85 million to settle a three-year class-action legal battle in California over claims that it held fake job interviews to meet diversity targets.