Smaller Banks Take a Turn at Swinging the Ax

American Banker, Nov. 6, 2019–Jim Dobbs (subscription)
Headcount at banks with $10 billion or less in assets fell by 2% in the first half of this year, with a net loss of 9,100 jobs, according to data compiled by the Federal Deposit Insurance Corp. The view is that more jobs could be shed in coming months.