"Investment banks are set to cut 10% to 15% of their staff across the board as turmoil in the markets takes its toll on revenues, the Financial Times reports. The bulk of cuts are expected in structured credit and leveraged finance."
I'm curious about next NFP after this crisis. A lot of funds and banks reported some thousands of employees fired. And average 100K NFP could be hurt already in some 5K-8K if I recall the news right....
I guess this will be taken into consideration in the forecast... Don't know how it works...
I'm curious about next NFP after this crisis. A lot of funds and banks reported some thousands of employees fired. And average 100K NFP could be hurt already in some 5K-8K if I recall the news right....
I guess this will be taken into consideration in the forecast... Don't know how it works...