Wednesday, July 20, 2011

Financial Services Industry News

The finance industry is undergoing some adjustments.  Per FINS Finance Morning Coffee, hiring and firing is occurring at several companies.

Goldman may cut 1,000 workers.

Wells Fargo has let go 3,600 employees mostly in mortgage origination.

Bank of America hired 600 wealth advisors.

BNY Mellon hired around 500 new employees.

Layoffs Multiply on Wall Street, Bank of America Next?

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