Tag: job cuts
ABN Amro to acquire Dutch neobroker Bux for undisclosed sum
ABN Amro Acquisition of BuxABN Amro, a major Dutch bank, is acquiring the Dutch neobroker Bux for an undisclosed amount.Strategic Objectives...
Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs
Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal.
The...
Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn
Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan.
Bank managers seek to increase profitability by reviewing proposals,...
Lack of funding forces US credit card fintech Ness to close down
Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash...
US fintech Carta reportedly conducts third round of layoffs this year
San Francisco-based equity management tech firm Carta undergoes its third round of layoffs this year.
The company, last valued at $7.4 billion, had...
BaaS fintech Synapse lays off 40% of staff in fresh round of job cuts
US-based Banking-as-a-Service platform Synapse has laid off 40% of its employees in its second round of job cuts this year.
Facts86 employees, about 40%...