May you live in interesting times” runs the Chinese curse and for the world’s banks, as Citigroup’s announcement of 11,000 job cuts and a $1bn restructuring charge shows, the times do not get much more interesting than this.
“寧為太平犬,不做亂世人”(May you live in interesting times)是一句中國諺語。對全球銀行業來說,再也沒有比現在更亂、更有趣的時候了。花旗集團(Citigroup)宣布裁員1.1萬人并將耗資10億美元重組就是一個例證。
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