London Bonuses May Fall as Banks Cut Jobs, CEBR Says (Update2) (Bloomberg.com)
Story date: 2007-10-08 04:34:29
Added on: 2007-10-08 22:22:56
Oct. 8 (Bloomberg) -- London banks and investment companies may cut jobs next year and trim bonuses by 16 percent as U.S. subprime-mortgage losses spill over into the U.K. economy, according to the Centre for Economic and Business Research Ltd.
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