Sign In
to Vote &
Create Storyboards.
 

The chart to strike fear into Wall Street traders

Business Insider - 10 Sep 2016 02:53
The chart to strike fear into Wall Street traders Wall Street trading floors are thinning out. More than 10,000 front-office jobs have been cut across the top 10 banks since 2011, according to new data from Coalition. In fixed income, currencies, and commodities alone, there have been close to 8,000 redundancies, with headcount in that business line down 8% in the past year. The job cuts come as industry revenue continues its gradual decline and as computers replace human traders. Rumors are circulating across Wall Street that there will be add...
5
0
0


Storyboard
Print
Share this Article



Comment on this Article

Please Sign In to comment

Recommended

  • {TITLE}
    {PUBLISHER} - {PUBLISHED_DATE}
    {VIEWS}
  • Create Storyboard