Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. This is part of an effort to take out costs and lower expense growth, the financial services bank said in a presentation posted on its website Monday...
The chief executive and CFO of Silicon Valley Bank’s parent company have stepped down. Gregory Becker, CEO of SVB Financial Group, resigned from that role April 19 and from the company’s board, according to a recent regulatory filing, while chief financial officer Daniel Beck left...
The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance, with private peer-to-peer payment network Zelle emerging as a hot-button issue. Zelle has been in the hot seat over authorized...
September 11, 2023
Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. This is part of an effort to take out costs and lower expense growth, the financial services bank said in a presentation posted on its website Monday (Sept. 11). Truist is among the top 10 U.S. commercial […]
April 24, 2023
The chief executive and CFO of Silicon Valley Bank’s parent company have stepped down. Gregory Becker, CEO of SVB Financial Group, resigned from that role April 19 and from the...
September 23, 2022
The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance, with private peer-to-peer payment network...
