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Citi Group Bank Loan Documents to Companies Form

Citi Group Bank Loan Documents to Companies Form

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Sally Bakewell on the phone who helps lead our Wall Street coverage here at Bloomberg with a little bit more detail as to what we know Sally how many jobs are we talking about here hundreds of jobs across the company with many from the Wall Street science Investment Banking division now this is another indication really that um these the expense pressures that banks are facing they're really leaving no one immune now um the size of job cuts across Wall Street they varied very widely Citigroup already eliminated dozens of staffers across the banking Investment Banking division in November and then we had Morgan Stanley trimming a far larger number of employees about 1 600 in December and then Along Came Goldman Sachs which embarked on one of its biggest rounds of Productions ever in January cutting about 3 200 positions but it all indicates that they are all susceptible to these pressures and they're trying to pull that lever of head count reductions um to meet that how much of this Sal

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