More unemployment. I wonder if the bankers there are panicking and getting more agitated at the thought of the bulls-eye Obama is putting on their back, delivering them up as scapegoats.
The banking industry has been a disaster from an employment standpoint as mergers & acquisitions have led to a lot of back-office duplication, accompanied by a simultaneous push to outsource many back-office functions.
As someone who works with banks, I must say the oddest trend is the number of Americans I used to work with (in various banks) being replaced by Asians, but here in the US. While the “replacements” can do the work, there is definitely a difference in the mastery of English, and I often wonder what became of the Americans that had held those jobs.