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Finance Layoffs: Paternoster and Village Bank

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Published September 15, 2009 at 9:23 AM

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Bad news for more financial industry professionals. The latest rumors and reports of layoffs are at Paternoster and Village Bank.

Paternoster, a pension scheme insurer, chopped headcount by 20% this year, according to Dow Jones Financial News.

Village Bank is closing three branches and laying off employees and managers on Dec. 11, according to News-Leader.com in Springfield, Mo.

Even though several companies are laying off employees, several are also hiring. Check our job opening pick of the day from The Deal's Career Channel:

Private Bank - Business Risk Management Team Program Representative Analyst at J.P Morgan in New York

For a roundup of all the announced layoffs to date, check out The Deal's Pink slips on Wall Street Dealwatch. Also, feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr

Follow me on Twitter @newsgirlmw or join our Facebook Group.

Inside The Deal: General Electric's Duncan O'Brien says the company has been focused on retaining cash.

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