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Bank of America to Cut 3,000 Jobs

Started by morganb · 11 months ago

The jobs will primarily be cut out of their investment banking and capital markets groups in a further sign that the credit contraction has caused a mass reduction in activity in the secondary markets and structured finance arena.

From Market Watch:

Bank of America said late Wednesday that it is cutting roughly 3,000 jobs and launching a [...] ... Continue reading »

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