Banks, investment firms reduce Fed loans (AP via Yahoo! News)

Commercial banks and investment firms reduced borrowing from the Federal Reserve's emergency lending program over the past week, although demand for the loans was still elevated.

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JPMorgan Poised to Cut Investment Banking Staff (New York Times)

Investment bankers at JPMorgan Chase should get their résumés ready. Layoffs appear imminent.

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JPMorgan cuts investment banking jobs: sources (Reuters via Yahoo! News)

JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earnings, people familiar with the situation said on Thursday.

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JPMorgan May Fire 10 Percent of Investment Bank Staff (Update2) (Bloomberg)

Nov. 20 (Bloomberg) -- JPMorgan Chase & Co. , the largest U.S. bank, plans to fire about 10 percent of its investment banking staff, or about 3,000 people, as the global economy slides into recession, a person familiar with the bank said.

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Wainwright Bank to get $22M federal investment (AP via Yahoo! Finance)

Wainwright Bank & Trust Co. said Thursday that the U.S. government has approved a $22 million investment in its securities as part of a federal plan to boost capital in financial institutions and spur lending.

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J.P.Morgan Plans To Cut 10% Of Investment Bank Staff: Report (Fox News)

J.P.Morgan Plans To Cut 10% Of Investment Bank Staff: Report

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J.P. Morgan to cut roughly 10% of investment bank staff (Market Watch)

SAN FRANCISCO (MarketWatch) - J.P. Morgan Chase plans to cut roughly 10% of staff in its investment banking business as it adjusts to the slump in deal volumes this year, a person familiar with the situation said on Thursday.

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