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SVB agrees to sell its investment banking division

SVB agrees to sell its investment banking division
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SVB agrees to sell its investment banking division

(Reuters) - SVB Financial Group said on Sunday it has entered into an agreement to sell its investment banking division, SVB Securities, to a group le.

JPMorgan Chase Implements Workforce Reductions, Laying Off 500 Employees

JPMorgan Chase, the American multinational services company headquartered in New York, is implementing workforce reductions as part of its routine business evaluations. Approximately 500 employees are being laid off as a result. A spokesperson from the banking company confirmed that the initial reports about job cuts at the financial institution are accurate. The spokesperson stated that the layoffs primarily target the technology and operations divisions of the company. These job reductions are a result of the bank's continuous efforts to

First Citizens sues HSBC for hiring away Silicon Valley Bank staff

First Citizens sues HSBC for hiring away Silicon Valley Bank staff
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Factbox-First Citizens BancShares, Buyer of Flailing Rivals

Factbox-First Citizens BancShares, Buyer of Flailing Rivals
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