private banking

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Bank President Greets Robber —With Colt .380

Peoples Bank in Missouri supports concealed gun rights

(Newser) - A bank robber in a Chucky mask got more than he bargained for when he stole $4,779 from the family-owned Peoples Bank & Trust in Missouri this week—the business end of a Colt .380 handgun. The robbery was witnessed by bank president David W. Thompson, who followed the... More »

Credit Suisse Cuts 5,300 Jobs, 11% of Workforce

Investment banking unit takes major hit as bank joins rush to cut expenses

(Newser) - Switzerland’s second largest bank, Credit Suisse, is slashing 5,300 jobs—11% of its global workforce—after posting a $2.48 billion loss in the first two months of this quarter, reports the Wall Street Journal. Most of the cuts will come from its moribund investment banking unit as... More »

2 Stories