Corporate finance

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.

Wells has helped gun and ammunition companies access $431 million in loans and bonds since the 2012 Sandy Hook shooting. Other financial firms that are active as bookrunners for gunmakers include Morgan Stanley, TD Securities, Bank of America and JPMorgan Chase.

Enterprise customers will be able to send payment data to the bank through an application programming interface, rather than as XML or Swift files.

The deal for the San Diego company would be PNC's second nonbank acquisition in less than a month.

The Pittsburgh bank is counting on its acquisition of the Trout Group to help strengthen ties with clients in the life sciences, biotechnology, pharmaceutical and medical device sectors.

American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.

Barbara Byrne is one of the public faces of Barclays, serving as one of its five official delegates at the Davos World Economic Forum.

Once a regional operation, U.S. Bank's corporate banking unit has grown into a national powerhouse under Leslie Godridge.

As HSBC’s head of global corporate banking, investment banking and capital financing for Latin America, Bouazza is all about change, even when others may not have seen the need for it yet.

Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency.