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Wall Street’s Pain Hits Private School Applicant Pool

The New York Times reports: The ax falls again in finance. The layoffs are the latest reductions in an industry hampered by weak earnings, regulatory uncertainty and a global economic malaise. HSBC is cutting 30,000 positions. Credit Suisse said it would eliminate 2,000 positions. And Lloyds Banking is cutting 15,000 jobs. These layoffs include parents applying … Continue reading Wall Street’s Pain Hits Private School Applicant Pool