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More bank consolidation, more layoffs in a buyer's market (from Corporate Dealmaker)

Don't expect banking industry consolidation to slow anytime soon. That's according to Dino Mauricio, a managing director of M&A integration at the management and financial consultancy Getzler Henrich. Over the next six to eight months, Mauricio predicts we'll see financially stable banks on the hunt. "Weaker banks in this environment...

Posted on November 10, 2008 8:04 AM

Trying times for Wall Street's rank and file (from Corporate Dealmaker)

We've been writing a lot over the past few months about laid-off investment bankers and the career options out there for them. But a conversation with David Carney, a principal with Deloitte Consulting LLP, offered a sobering assessment of what it's like for some of the thousands of rank-and-file employees still...

Posted on October 1, 2008 11:10 AM