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

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

JPMorgan's second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations ...

More eager to play ball is California Gov. Gavin Newsom, who has been floating an equal and opposite redistricting response in light of Texas’ proposed moves. “Two can play this game,” Newsom, a ...

(CNN) — US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those ...

The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...

Wells Fargo & Co. lowered its full-year guidance for net interest income, after another quarter of tepid growth amid the ...

Wells Fargo’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year growth outlook, offsetting profit and revenue beats.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

Shares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter.

What Happened? Shares of financial services giant Wells Fargo (NYSE:WFC) fell 6.1% in the afternoon session after the bank ...

Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4%, though it’s still near its all-time high set last ...