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Big Banks Slashing More Jobs

Bank of America, Credit Suisse announce new cost cuts

By Kevin Spak,  Newser Staff

Posted Jul 19, 2012 8:48 AM CDT

(Newser) – Even bankers aren't safe in the current job market, with Bank of America and Credit Suisse Group both announcing new cost cutting initiatives yesterday, the Wall Street Journal reports. Bank of America, which was already aggressively cutting jobs, said it wanted to cut another...   Read full story »

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