Financial Markets Jobs To Suffer From 'Slow Bleed'

Meredith Whitney Interview Still

Job cuts in the financial markets will be a 'continued slow bleed' after the industry trimmed hundreds of thousands of positions in recent years, a top banking analyst has said.

Meredith Whitney, a banking analyst and chief executive officer of Meredith Whitney Advisory Group, told Bloomberg: 'There’s growth out there, but for the majority of financials it’s an anemic growth. What you’re seeing is stealth cuts'.

Source: Bloomberg

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