US Banking majors are busy cutting jobs.

>> Friday, November 21, 2008

Nows its the turn of Bank of New York Mellon after Citi Bank.

Bank of New York Mellon is planning to cut 1800 jobs blaming weak economy.
While Citigroup INC said it will cut 53,000 jobs.
More over Citi Banks Indian CEO resigned and is replaced by Mark Robinson.

Whats Next ? Who knows ?