London Banks May Face Job Cuts as NY Banks Expand
Aug. 17 (Bloomberg) -- In "Street News," Bloomberg's Sara Eisen reports on today's top stories including London banks may cut up to 3,000 jobs this year while banks in New York could hire 9,000 employees, Heineken may raise its bid to buy the rest of Tiger Beer and Facebook CEO Mark Zuckerberg's net worth dropped $600 million yesterday as the company's lockup period came to an end. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
07:37 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)