US banks tighten costs as economic worries grow
Edited By WION Video Desk
Published: Mar 27, 2025, 05:50 IST | Updated: Mar 27, 2025, 05:50 IST
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U.S. investment banks are bracing for deeper job cuts as economic uncertainty weighs on dealmaking. Banks like Goldman Sachs, Morgan Stanley, JPMorgan, and Bank of America have already started trimming staff, with further layoffs expected if deal activity doesn’t pick up.
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