[ad_1] City National told California officials this week that the bank would permanently lay off 56 employees in Los Angeles County. The bank’s noninterest expenses ballooned...
[ad_1] Jane FraserLam Yik/Photographer: Lam Yik/Bloomberg Jane Fraser has spent the past three years laying out a vision for a simplified Citigroup and beginning a series...
[ad_1] Earlier this year, PNC said that it would reduce expenses by $400 million throughout the course of 2023. Then in July, company executives said that...
[ad_1] Inside Citigroup, managers are scrambling to carry out the Wall Street giant’s biggest restructuring in two decades. They have eight weeks left. Chief Executive Officer...
[ad_1] Banking is a people business, and this year bankers had to fight hard to hold onto their people. Beyond the ongoing debate about whether bank...