Many of those jobs are held by affluent college graduates, including business analysts, marketing managers, software developers, database administrators, project managers and lawyers.
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Huntington Bancshares wants to add five branches in Charlotte, the Triad and Triangle over the next two years, says Scott Kleinman, a senior executive vice president who heads commercial banking.
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Add Citigroup CEO Jane Fraser to the growing list of bank CEOs who are warning about tough times ahead. Here’s the latest.
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Wells Fargo, which employs thousands of people across North Carolina, is expecting to make layoffs in 2024, its CEO saying Tuesday that the company may set aside $750 million or more for severance costs.
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“We posted another solid quarter in Q3, with revenues and profitability again exceeding expectations,” says Pierre Naudé, Chairman and CEO of nCino.
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By Hanna Ziady, CNN LONDON — UBS made a hefty loss in the first full quarter since it closed a deal to rescue its stricken rival Credit Suisse, even as the bank attracted billions of dollars in new deposits from customers. [Credit Suisse has a major presence in Research Triangle Park....
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Bank of America posted a 10% rise in third quarter profits Tuesday, helped by higher interest rates that allowed the bank to charge more for loans at the same time that it kept expenses under control. But its CEO has words of warning about the economy.
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Charlotte-based Truist is in talks to sell its giant insurance brokerage to private-equity firm Stone Point for about $10 billion.
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Two founders with backgrounds in financial technology and regulatory matters have closed on a $1.7 million, pre-seed funding round for a Charlotte startup focusing on AI for banks.
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