More bad news for those in the finance industry. The latest reports and rumors of layoffs are at Global Trust Bank, Century Bank and California National Bank.
- Global Trust Bank has cut 27 employees from its payroll and shut down some branches, according to The Observer.
- Regulators seized Los Angeles-based California National Bank on Friday. There has been no word of layoffs, according to the Los Angeles Times.
- The
Office of Thrift Supervision is requiring Sarasota, Fla.-based Century Bank to find a buyer or merger partner within 20 days. No word of layoffs, according to the Bradenton Herald.
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The latest reports and rumors of layoffs are at Global Trust Bank, Century Bank and California National Bank.