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Banking industry Articles

Bank of America to Cut 16,000 Jobs by Year’s End Bank of America to Cut 16,000 Jobs by Year’s End
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Bank of America will be speeding up its cost-cutting measures and will lay off 16,000 employees by the end of the year. The Wall Street Journal has obtained a “document given to top management” of the bank and is reporting …

America: Banking Bailout Bad, Auto Industry Good! America: Banking Bailout Bad, Auto Industry Good!

A new Harris Poll released today has found that America’s perceptions on the automotive industry bailout of 2009, and the bank and insurance bailout of 2008, have changed in the over three years since the events. Surprisingly, a majority of …