The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation are reshaping back-end operations.

"It never quite rang true that consumer spending was completely unfazed by the sudden implementation of tariffs," Wells Fargo ...

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...

Truist is ramping up plans for nationwide expansion and to grow in the businesses the bank serves by investing more in ...

The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...

In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...

China has stopped an American citizen who works for the US Commerce Department from leaving the nation for several months, ...

Taking a year-over-year look, the state’s labor force is essentially flat with an overall 950 decline. That represents a loss of 6,560 individuals listed as employed and an increase of ...

Discover why Allspring Global Dividend Opportunity Fund) is outperforming with a +13.8% NAV gain, +9.3% yield, and -9.9% ...

Demand is positive: Demand for goods and services remains positive, supported by healthy consumer and business balance sheets ...

Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...