investment bank layoffs
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Investment bank layoffs

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Big Banks Recommend Layoffs to Deal with Rising Wages

The whispers have started. According to one entirely unsubstantiated rumour, a reduction in force (RiF) is coming at JPMorgan's investment. Layoffs were put on hold for the second year running, and financial intelligence firm Coalition Greenwich says headcount in investment banking. UBS Group AG is laying off equity capital markets bankers because of a sharp decline in revenue after a slowdown in deal-making across the.