Entries tagged "Lincoln Financial"
Shares fell nearly 30% after Lincoln Financial Group withdrew its application for government's Temporary Liquidity Guarantee Program.
More tough news for bankers as the layoff announcements continue. A total of 92,260 job cuts have been announced at major investment banks since October. Earlier this week financial services firms had already announced 220,506 job cuts so far this year, according to Challenger, Gray & Christmas. Fresh layoff announcements are adding to that number. Here are some of the the latest....