More bad news for bankers. Those pink slips just keep piling up.
Here's the latest rumors and reports of industry layoffs.
Bank of America Corp. (NYSE:BAC) is beginning layoffs in
Springfield, Mo, and recently laid off
rookie brokers in Pathways, the Charlotte,
N.C., banking giant's broker training program.
M&T Bank Corp. (NYSE:MTB) of Buffalo, N.Y., plans to shed
521 jobs from its Baltimore unit Provident Bankshares Corp.
Regions Financial Corp. (NYSE:RF) laid off at least seven workers in its
Birmingham, Ala., loan department, according to the
Birmingham Business Journal.
TD
Bank predicted shrinking employment until the second quarter of 2010, according to the Hamilton Spectator.
Fidelity Investments
has laid off 300 employees at its office in Covington, Ky., as
part of the company's downsizing strategy, according to
The Lane Report.
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