Thursday, 28 July 2011

Giant Banks slashing jobs.

Report from Bloomberg illustrated that Credit Suisse Group AG, the second- biggest Swiss bank, plans to cut about 2,000 jobs after second- quarter profit fell 52 percent on lower earnings from trading. In another news from Yahoo, HSBC will slash more than 10,000 jobs as part of the global banking giant's recently announced cost-cutting drive.

Renomic

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