Restructuring

The lender will combine its global commercial and institutional banking operations and is creating a new international wealth and premier banking business. HSBC also named Pam Kaur as its first female CFO.

HSBC Holdings’ streamlining drive has reached its top executives, with the bank promising to shake up a “hierarchical culture.”

The JPMorgan CEO says the recovery has to start first, and future buybacks won’t be as big as before; Texas Capital Bancshares and Independent Bank blame the coronanvirus market impact.

With its expenses soaring, the Toronto company has taken a $250 million restructuring charge to cover severance from staff reductions.

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.

Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.

The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

In some cases bankers' willingness to close branches and cut staff is a testament to their company's strength.

Clear communication is critical when banks undergo a leadership or operational change.

Readers strongly react to whether the CFPB should have a say on bank mergers and if tribal areas should have special CRA credit, debate whether banks are embracing enough technology and more.

The German bank responds to an op-ed that criticized its restructuring.

The global bank’s overhaul plan will put taxpayers and the financial system at risk.

President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015

The bank will reduce its footprint to its German roots; U.S. banks are offering cash bonuses to keep customers from fleeing to higher-yielding accounts.

Deutsche Bank unveiled a radical overhaul that will see the lender exit its equities business, post a €2.8 billion ($3.1 billion) second-quarter loss and cut the workforce by a fifth to reverse a slide in profitability.

A little over two decades ago, Deutsche Bank set out to become a Wall Street giant. This weekend, Chief Executive Christian Sewing will probably pull the plug on that dream for good.

Deutsche Bank is considering slashing headcount by more than a fifth in what's shaping up to be its biggest makeover in years, two people familiar with the matter said.

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

The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.

Rob Kunisch will succeed Jack Steil as CEO of 1st Mariner Bank, which has been seeking to right itself after years of difficulties.