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Investment Banks Reportedly Weigh Job Cuts as Dealmaking Stagnates

  • Wall Street banks are considering job cuts as dealmaking slows down amid economic uncertainty.
  • Tariff threats by President Donald Trump have affected the stock market and increased the risk of an economic slowdown.
  • Expectations for increased mergers and acquisitions (M&A) and initial public offerings (IPOs) have been dampened.
  • Bigger banks are more likely to cut staff first, with smaller banks potentially following suit if the deal pipeline fails to materialize.

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