The layoffs are expected to go into effect in May, according to a WARN notice with the New Jersey Department of Labor. JPMorgan Chase — considered the nation’s largest bank — had plans to ...

Morgan Stanley is preparing to lay off about 2,000 employees this month to cut costs, according to a Tuesday Bloomberg report ...

JPMorgan Chase recently appointed long-time executives Matt Sable and Melissa Smith as co-heads of its commercial banking division in the US and Canada, a move reflecting an emphasis on leadership ...

A JPMorgan Chase executive told thousands of employees he wanted “more hustle” days after the bank’s CEO Jamie Dimon scorned staff pushback against its five-day return-to-office policy.

The bank’s latest cuts follow similar exercises at rivals JPMorgan and Goldman Sachs and are part of an annual process to cut under-performers. However, deal volumes have also fallen below ...