Major banks add employees as industry rebounds

02/28/2011 | Bloomberg

Wells Fargo, JPMorgan Chase, Bank of America and other major financial institutions added employees in 2010 as the industry responded to regulation and the economy expanded. Wells Fargo, for example, added about 4,900 employees. "There was good talent out there at the right price," said Eric Moskowitz of executive recruiter Korn/Ferry International. "A lot of banks cut pretty deep in 2008 and 2009, and they needed to staff up."

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