Banks shedding real estate in moves to cut costs

Sep 14, 2020 |

U.S. financial firms are abandoning some of their corporate offices to cut costs in response to the coronavirus pandemic. Fifth Third Bancorp said Monday it will cut about 20% of its corporate office space as part of a plan to eliminate $200 million in annual expenses starting next year. Prudential Financial Inc. and Synchrony Financial […more]

Posted in: San Francisco

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