JPMorgan Chase & Co plans to cut 3,000 to 4,000 jobs in its consumer bank in 2013, representing about 1.5 percent of the company’s overall workforce, as the bank tries to improve the profitability of its branches. The cuts will come mainly through attrition, spokeswoman Kristin Lemkau said. The bank’s […]
Tag: Jobs
Unmet Credit Needs in Developing Countries Hits $850 bn SMEs, $2.5 trillion Micro SME’s
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) -Unmet credit needs of formal Small and Medium Enterprises (SMEs) in the developing world is estimated to be $850 billion; while that of Micro, Small, and Medium Enterprises is estimated to be $2.5 trillion. This is contained in a new study “Assessing Private Sector […]