Metro Bank has begun another round of redundancies, marking the third such move in as many years, as it seeks to reduce costs, reported the Financial Times. Around 100 employees have been told their ...
Wolfspeed, Inc. and Wolfspeed Texas LLC filed for bankruptcy in the Texas Southern District Bankruptcy Court on June 30 and was approved on Sept. 8. According to a statement from Wolfspeed, Inc.
Morgan Stanley is cutting about 2,500 jobs worldwide despite posting record revenue in 2025. The move reflects wider corporate shifts towards efficiency and AI-driven restructuring.
The Global Banking & Finance Review Awards Program has officially opened nominations for Best Islamic Bank Transformation ...
TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on ...
Investing.com -- Nordea Bank Abp (NASDAQ:NRDBY) announced on Tuesday that it will book restructuring costs of €190m in Q1 2026 as part of its 2030 strategy implementation to drive structural ...