More job cuts expected in mortgage banking
527753
The pace of job losses in mortgage  lending slowed in December, as some companies shifted workers  to other areas of financial services, but the losses may pick  up again in the new year as the U.S. housing market continues  to weaken and credit remains tight.
698748
Bank of America will begin this month to cut 4,500 jobs across the company, predominantly in non-customer-facing positions. Bank of America said the cuts will spell $150 million in severance
36421
Bank of America Corp. BAC.N will cut  an additional 4,500 jobs from its ranks, increasing the number  of jobs lost since its FleetBoston Financial acquisition by 36  percent to 17,000.
469287
Bank of America Corp. said Thursday it will cut an additional 4,500 jobs, or 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
2156
EquiFirst Corp., a subprime mortgage unit of British bank Barclays Plc , on Tuesday said it will cut an unspecified of number of jobs to cope with the U.S. housing slump.
281935
Merrill Lynch & Co Inc  said on Monday that its subprime lender, First Franklin Financial, would cut an unspecified number of jobs in another setback to the brokerage's $1.3 billion acquisition.
10339
CHARLOTTE, NC -- Bank of America said Thursday it will cut about 4,500 jobs, or about 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
712972
Financial companies slashed 52,500 jobs from July to December 2007, revealing how badly the subprime debacle has hurt these employers, but such companies based in New York City hired 1,900 people during that period, a new report said on Wednesday.
288734
Six of the biggest US banks are set to announce plans to offer more help to those struggling with mortgages.
612127
Midwest U.S. bank KeyCorp  plans to cut 415 jobs in Ohio next year, or more than double the number announced previously.
164769
Investment bank Lehman Brothers Holdings Inc  on Thursday said it would stop wholesale mortgage lending amid a continued slump in credit and housing markets, a move that will impact 1,300 jobs and result in a $40 million charge.
175864
CHARLOTTE, N.C. -- After a tough third quarter, Bank of America Corp. has become the latest bank to slash jobs due to poor results brought on by the unrest in global credit markets.
37116
The mortgage lender IndyMac Bancorp said that it would cut its work force by 24 percent.
18021
Bank of America Corp  on Thursday said it will stop offering home mortgages through brokers by the end of the year, resulting in a loss of 700 jobs, so that it may focus on lending directly to consumers.
683853
IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Tuesday it is eliminating 2,403 jobs, or 24 percent of its workforce, to cope with deteriorating housing and capital markets.
278555
About 1,000 employees at Fleet branches across the Northeast got the ax yesterday - and thousands more job cuts are on the way as new owner Bank of America Corp. aims to hit its goal of reducing total employment by 12,500.
695325
STUNNED Abbey National staff will be told today that 4,500 jobs could be axed within three years if Spain - s Banco Santander emerges victorious from its bruising 8.2 billion bid battle for the UK mortgage ...