HSBC posts record $16 billion profit

HSBC, Europe's largest bank, have posted a record profit in 2011 due to growth in Asia offsetting the losses in Europe.

http://www.news.com.au/business/breaking-news/hsbc-posts-record-16-billion-profit/story-e6frfkur-1226283626853

Big four banks may cut more jobs, says Bank of Queensland chief

CEO of Bank of Queensland suggests that more jobs in the banking sector will go, especially from the Big 4 banks

Read more: http://www.news.com.au/business/big-four-banks-may-cut-more-jobs-says-bank-of-queensland-chief/story-e6frfm1i-1226263408320#ixzz1lbBlMrvg

BANKS PLAN STAFF PURGE: Thousands of jobs to be lost

While banks are making record profits, they are looking at axing hundreds of jobs

http://www.news.com.au/business/banks-plan-staff-purge/story-e6frfm1i-1226240347029