The layoffs appear to be focused on the company's bank subsidiary, according to the San Antonio Express-News. USAA declined to provide any details on the job cuts.

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving.

For a government agency that prefers to move gradually, the change at the top has come fast, thanks in large part to increased pressure in the wake of a national reckoning around diversity. But it has also fallen short in some ways.

Conversations with about a dozen Credit Suisse dealmakers, traders, financiers and wealth advisors depict a unit girded for a reckoning.

To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.

Zayzoon says that by providing up to half of workers' paycheck early, its clients' employee turnover fell 29%and recruiting rose 79%.

Younger and more diverse leaders may better represent the local community. But bringing new people into the board room requires persistent and targeted outreach.

Record fines that the world's biggest investment banks are expected to pay in the coming months reflect years of frustration among U.S. regulators that their investigations were being hampered by unmonitored messaging among bankers.

Royal Bank of Canada is asking employees to come to the office more often, an early sign that the country's big banks may follow their U.S. rivals in cutting back on remote work.

Area Federal Credit Union in Aberdeen, South Dakota, has named Stephen Streirer as its new president and CEO. He replaces Robert Goscicki, who resigned last month.