Banks Begin to Shrink As Wall Street Hits Wall - Wall Street Journal

Wall Street JournalBanks Begin to Shrink As Wall Street Hits WallWall Street JournalUBS AG said in August it would cut 3500 jobs, and executives there are expected to further scale back its once-high-flying investment bank. Goldman Sachs Group Inc. said in July it expects to cut 1000 positions, but the firm has already exceeded that ...Credit Suisse Plans 1500 More Job Cuts After Loss at Securities DivisionBloombergCrisis-hit Swiss banks continue to cut jobsScotsmanEurope Banks Cut Jobs as Debt

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