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19th January 2015 14:59
Link to Post #621
Avalon Member
Re: Why Are the Bankers and Ex-Intel Types Running For Their Lives? (Confirmed for MONTHS by my vanishing sources)
http://www.dailymail.co.uk/news/article-2916330/Wall-Street-banks-slash-FIFTY-THOUSAND-jobs-reduce-bonuses-expenses-profits-opportunities-continue-dry-up.html
It is home to the world's largest stock exchange.
But now, Wall Street in New York has seen nearly 50,000 jobs slashed by its biggest banks.
In a move that has shocked many pundits, a number of banks including Bank of America, Citigroup and JPMorgan have cut thousands of jobs, as well as bonuses and expenses money.
The changes, announced last week, come as as profits opportunities are increasingly drying up.
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The Following 2 Users Say Thank You to InTheBackground For This Post:
PathWalker (23rd January 2015), spiritwind (19th January 2015)
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