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Citigroup's investment bank braces for layoffs

Source: International Herald Tribune

New York City : NY : USA | about 1 year ago

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Most of the cuts will come from the bank's major offices in New York and London, though other locations in Europe and Asia could lose jobs. And on a percentage basis, the job cuts are far less severe than at other investment banks. For example, JPMorgan, upon the shotgun acquisition of Bear Stearns, has...

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Tags: Citigroup Citigroup Inc., investment banks, job cut, The Wall Street Journal, banks division, news, banks job, engineering efforts, indicated earlier, Dan Noonan

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