Dealbreaker is reporting that 2,800 heads will roll at Royal Bank of Scotland. This morning, Credit Suisse bid au revoir to 5,300 in investment banking. According to Bloomberg, 200,000 bank and insurance jobs have been lost since the financial crisis began.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.