Is Banking Industry About to Cut Another 100,000 Jobs?

Is Banking Industry About to Cut Another 100,000 Jobs?

By: DailyFinance.com

Posted on February 27, 2013 at 01:48 AM EST

DailyFinance.com : J.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market and new federal regulation for the action. Other banks ... Read more

Related Stocks:

Bank of America Corp. Citigroup, Inc. Goldman Sachs Group, Inc. JPMorgan Chase & Co. Morgan Stanley State Street Corp.

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