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APR 30, 2013 - Washington Business Journal

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Community banks not adding many jobs either

The Courier-Journal reported last week that with major financial firms trimming their payrolls, banks no longer are "the big jobs machines they used to be." In first-quarter earnings announcements, Bank of America Corp. (NYSE: BAC), Citigroup (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Goldman Sachs (NYSE: GS) and Morgan Stanley reported slashing 31,000 jobs in the past year. That started me wondering about employment at locally chartered community banks, so I pulled some of their quarterly "call"…

Tags: Community banks not adding many jobs either,  Morgan Stanley Latest News