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After Cutting 802,000 Jobs, Some Big Banks Are Adding Staff

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Hundreds of thousands of jobs have disappeared on Wall Street since the 2008 financial crisis and some of the biggest banks haven’t stopped cutting. Still, some firms managed to reverse the trend and are slowly boosting staff levels.

While 802,000 positions were eliminated by the 16 largest firms in the U.S. and Europe following the meltdown, 76,000 new ones have been created at nine of those companies, according to data compiled by Bloomberg. JPMorgan Chase & Co. and BNP Paribas SA have almost reversed all their post-crisis job cuts.