Home > Investing > Shrinking Valuations Drive Bank Payroll Cuts to Buoy Profits

Shrinking Valuations Drive Bank Payroll Cuts to Buoy Profits

June 8th, 2011

Financial firms, shunned by investors to a degree seen only once in the last 20 years, are becoming a smaller part of the U.S. economy as they deal with a past that won’t go away and a future of lower revenue and fewer jobs.
BusinessWeek.com — Finance

Comments are closed.