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Banks Fear for Second Half as Deals Fall

June 29, 2012

Global investment banks are bracing themselves for a dismal second half, with further cuts in costs and staff, after a sharp drop in dealmaking and capital markets activity pushed down fees in the second quarter to their worst level in three year, the Financial Times reports.

Source: http://www.cnbc.com/id/48008315?__source=RSS*tag*&par=RSS
 
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