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Utah bank to lay off 500 employees after revenue declines

Utah bank to lay off 500 employees after revenue declines

By /October 23, 2019 /Local News

SALT LAKE CITY (AP) — A Utah-based bank has announced plans to lay off hundreds of employees and close branches across multiple states in the coming months. Zions Bancorporation started notifying employees Tuesday of a 5% workforce reduction. The company employs about 10,000 people in 11 western states. Executives say […]

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Federal regulators OK removal of strict oversight over Zions

Federal regulators OK removal of strict oversight over Zions

By /September 12, 2018 /Local News

WASHINGTON (AP) — A panel of federal regulators has lifted the strict government oversight it had imposed on Zions, a big regional bank. The Financial Stability Oversight Council announced Wednesday it had decided to grant the request by Zions allowing it to escape the more strict oversight upon completion of […]

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