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The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation are reshaping back-end operations.
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 ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing ...
In an interview on Fox News, Kevin made it clear that the Federal Reserve needs to cut rates and start shrinking its $7.7 ...
Wells Fargo's Q2 2025 earnings call highlights robust financial growth, the lifting of the asset cap, and increased investment in banking services.
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President ...
As a new Postmaster General with ties to FedEx assumes control of the agency, postal workers and their customers are bracing ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
As always, economists had disparate interpretations of the consumer price index, with none expecting a July rate cut. And ...
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 ...