Banking

  • 7 Industries That Are Losing Jobs

    7 Industries That Are Losing Jobs

    October's employment report released earlier this month showed continued steady improvement in the job market. But hiring remains sluggish; a number of employers posted fewer job openings in September after advertising more in August than first estimated. As the Labor Department reported Tuesday, job openings... Continue Reading

  • For Bankers, The Era Of The Revolving Door Draws To A Close

    For Bankers, The Era Of The Revolving Door Draws To A Close

    One of the secrets of finance is that the banking world has a history of working in a lot of ways like a basketball league. You may be a star, but your killer jump shot barely matters if your team is in last place. Or to put in actual terms, what bank you work at is as important as your analyst skills. So if... Continue Reading

  • Bank Of America Could Cut Up To 30,000 Jobs

    Bank Of America Could Cut Up To 30,000 Jobs

    The nation's largest bank is looking at a whopping number of layoffs. Executives at Bank of America are considering cutting 25,000 to 30,000 jobs in the next few years. Continue Reading

  • Bank Of New York Mellon Plans 1,500 Job Cuts

    Bank Of New York Mellon Plans 1,500 Job Cuts

    By CHRISTINA REXRODE NEW YORK (AP) -- Bank of New York Mellon Corp. said Wednesday that it will cut about 1,500 jobs, or 3 percent of its work force, the latest sign of the banking industry's painful shrinking. Continue Reading

  • Barclays Set To Cut 3,000 Jobs After Missing Profit Expectations

    Barclays Set To Cut 3,000 Jobs After Missing Profit Expectations

    Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charge cut first half profits by a third. The British bank's performance was more resilient than rivals, however, as bad debts tumbled and it kept costs steady. Continue Reading

  • HSBC to Cut 30,000 Jobs in Global Overhaul

    HSBC to Cut 30,000 Jobs in Global Overhaul

    By MEERA SELVA LONDON (AP) -- British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank branches in the U.S., part of a new strategy to focus on fast-growing emerging markets. The bank, which reported a better-than-expected 3 percent increase in... Continue Reading

  • HSBC May Cut More Than 10,000 Jobs

    HSBC May Cut More Than 10,000 Jobs

    HONG KONG/LONDON - Banking group HSBC Holdings Plc may cut more than 10,000 jobs as part of its plan to slash costs by up to $3.5 billion a year, Sky News reported Thursday. New HSBC Chief Executive Stuart Gulliver in May announced a far-reaching plan to cut costs and revive flagging profits by exiting... Continue Reading

  • Credit Suisse to Cut 2,000 Jobs as Profits Drop

    Credit Suisse to Cut 2,000 Jobs as Profits Drop

    By JOHN HEILPRIN GENEVA (AP) -- Credit Suisse Group announced Thursday that it will cut more than 2,000 jobs after its second-quarter profits dropped by half, more than expected, due to a strong Swiss franc and a plunge in trading and investment banking earnings. Continue Reading

  • Confessions of a Credit Manager

    Confessions of a Credit Manager

    My name is Rose Silcox, and I was a credit manager for Qwest Communications for two years, based out of Seattle, Wash. The title of credit manager is a nice way of saying I was the person who shut off the customer's home phone, cell phone, Internet and dish service if they didn't give me money for their... Continue Reading

  • I interviewed at Wells Fargo Bank

    I interviewed at Wells Fargo Bank

    When I interviewed at Wells Fargo Bank in the summer of 2010, my background was mainly in customer service, including a position at the Marriott Hotel in Atlanta. I applied for a part-time teller position on Wells Fargo's website. I had been banking with Wells Fargo for so long that I knew my bank's branch... Continue Reading

  • 10 High-Paying Entry-Level Jobs

    10 High-Paying Entry-Level Jobs

    A well-paid, entry-level job sounds like an oxymoron. But finding one would certainly help with the piles of student loans that many young people face and the heavy financial pressures sending many stay-at-home parents back into the work force. Fortunately, PayScale.com has found a few. Online salary... Continue Reading

  • Bank Relationship Manager Cover Letter Example

    Bank Relationship Manager Cover Letter Example

    Harold, a bank relationship manager, needed a cover letter that focused on his outstanding customer service skills, high client retention rate, and impressive revenue growth. We used a quote from a retailer to drive the point home that great customer service has been the key to Harold's success. Incorporating... Continue Reading

  • Top 10 Jobs in Banking and Finance

    Top 10 Jobs in Banking and Finance

    Do you get a certain thrill from balancing your checkbook? Maybe you should consider one of the following jobs in banking and finance. Continue Reading