More bank layoffs are possible this year, analysts say

01/15/2013 | CNNMoney

Despite already cutting thousands of jobs, some big banks such as Bank of America and Citigroup could still make more layoffs this year, analysts say. Tighter regulations and a traditional lending slowdown have continued to pressure banks. Job cuts likely will be concentrated in trading divisions, but retail-banking jobs could also be cut as banks shift to automated services.

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