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	<title>Crystal Umbrella News &#187; financial services industry</title>
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		<title>Financial IT Redundancies</title>
		<link>http://news.crystalumbrella.com/archives/196/financial-it-redundancies</link>
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		<pubDate>Tue, 26 May 2009 08:41:02 +0000</pubDate>
		<dc:creator>Angela Francis</dc:creator>
				<category><![CDATA[Contractors]]></category>
		<category><![CDATA[ABN Amro]]></category>
		<category><![CDATA[American Express]]></category>
		<category><![CDATA[Barclays]]></category>
		<category><![CDATA[financial services industry]]></category>
		<category><![CDATA[Fortis]]></category>
		<category><![CDATA[Legal & General]]></category>
		<category><![CDATA[Lloyds]]></category>
		<category><![CDATA[Powerchex]]></category>

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		<description><![CDATA[Redundancies have been announced by five of the largest employers in financial services. This contradicts predictions that the financial services industry is on the brink of recovery. Powerchex, a technology staffing business, commented, “We have not seen the end of this recession yet, and the repercussions to the opportunities [for IT staff] may end up [...]]]></description>
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