HSBC is reportedly expanding its U.S. commercial banking operations to bolster its startup lending. Wyatt Crowell, head of U.S. commercial banking at HSBC, said in an...
The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a...
Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. Workers at the banking giant were expected to be informed of the...
Citigroup is reportedly weighing wide-ranging job cuts as part of its CEO’s reorganization plans. Managers and consultants at work on “Project Bora Bora” — the in-house...
Barclays is shrinking its U.S. consumer banking division as it looks to lower costs. “We recently streamlined and simplified our U.S. Consumer Bank operating model,...
Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept. 13), elevates the...