JPMorgan to Close 21 First Republic Branches Amidst Latest Layoffs
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JPMorgan (NYSE:JPM) will close 21 First Republic Branches amidst the bank's latest layoffs. The bank has laid off more than 1,500 employees.
Goldman Sachs Gets Ready to Fire Hundreds of People
Goldman Sachs is getting ready to fire hundreds of people in the latest wave of cuts happening throughout the remainder of the year.
Barclays CEO Says Banks Will Continue to Tank the Markets
Barclays CEO says banks will likely continue to tank the markets as banks look to "sell portfolios to cure themselves". Market news.
Crisis: US Banks Are Now Cutting 3,000 Roles Globally
US banks are now cutting 3,000 roles globally across most of its key divisions. JPMorgan Chase, Morgan Stanley, and more. Banking news.
NYC is Freezing New Bank Deposits at Capital One
The New York City (NYC) Banking Commission is freezing new bank deposits at Capital One (NYSE:COF) and KeyBank for up to two years.
