United Services Automobile Association is expanding its banking and financial services operation in Tampa and bringing 200 jobs to the area in the process. Some of those jobs will be corporate transfers but the company anticipates 80 jobs will be filled locally starting in November. This is the second USAA expansion in Tampa [...]
Continue reading...Tuesday, October 6, 2009
Edward Jones, a prominent investment brokerage and financial services firm based in St Louis, is expanding two sites in St Louis. When completed at the end of this year, the company anticipates 250 new jobs will be created. Edward Jones already created 500 new jobs in St Louis earlier this year, assisted by [...]
Continue reading...Sunday, July 26, 2009
JPMorgan Chase will hire 250 workers for the company’s mortgage records center in Monroe, Louisiana. The new hiring will be complete in early August. JPMorgan is northeastern Louisiana’s second-largest private employer. The firm will employ 2,100 people in Ouachita Parish. New York City’s JPMorgan Chase is one of the oldest financial services firms in the world. It is [...]
Continue reading...Thursday, July 23, 2009
Hartford Financial Services has cut 270 positions from its investment-products division, due to reduced business. The cuts largely targeted the firm’s variable annuity business, but not its investment management teams or its sales & marketing personnel. Hartford laid off 500 people last November, and has frozen hiring. Founbded in 1810, The Hartford Financial Services Group is a Fortune [...]
Continue reading...Thursday, July 16, 2009
Citigroup will outsource the core processing elements of its receivables management business to First Data, eliminating 500 Citigroup jobs. First Data will offer jobs to all of Citigroup’s employees in the unit, and will sublease Citigroup’s processing facilities. Denver, Colorado’s First Data is owned by private equity firm Kohlberg Kravis Roberts & Co. Citigroup is a major financial [...]
Continue reading...Wednesday, July 15, 2009
Marshall & Ilsley is combining its offices in Appleton and Brookfield, laying off 170 at the former but adding 135 jobs at the latter. Appleton employees are being offered jobs in Brookfield. Those who choose not to relocate will be offered a severance package. The consolidation will be complete at the end of the year. Marshall & Ilsley [...]
Continue reading...Tuesday, June 30, 2009
Chrysler Financial will shut down its Overland Park, Kansas customer service center in August, cutting 240 jobs. The firm is cutting 350 from its 3,900 strong workforce. Work from the Overland Park location will go to facilities in Philadelphia and Dallas. Farmington Hills, Michigan’s Chrysler Financial is the financial services provider of automaker Chrysler. As part [...]
Continue reading...Thursday, June 18, 2009
Columbus, Georgia-based financial services holding company Synovus will cut 650 jobs, or 9% of its workforce, over the next two years. One hundred and twenty jobs will be lost in metro Atlanta. Hiring has been frozen since April, and half the cuts will come through attrition. The firm employs 7,100. Synovus is a financial services holding company [...]
Continue reading...Tuesday, June 9, 2009
The Royal Bank of Canada, that nation’s largest lender by assets, has cut executive positions as it reorganizes its US operations. At least four senior employees were laid off. Royal Bank’s international consumer banking unit, RBC Bank, is based in Raleigh, North Carolina. The unit is undertaking an 18-month reorganization, and hiring an new president, after four [...]
Continue reading...Wednesday, June 3, 2009
Wells Fargo Home Mortgage will add up to 200 employees at its San Antonio, Texas customer service call center. The bank is hiring customer service representatives to harry customers who are facing delinquent payments. Wells Fargo acquired the San Antonio call center was acquired Wachovia in December. Headquartered in San Francisco, Wells Fargo & Co is a diversified [...]
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Monday, October 19, 2009
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