Word: smaller
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...increased hiring activity is coming at a time when a number of firms are repositioning themselves in the wake of the financial crisis. The nation's largest banks are exiting such risky businesses as derivatives and proprietary trading, and adding to their lending operations. At the same time, smaller financial firms are building up their practices to pick up the trading and underwriting businesses the larger firms are leaving behind...
...cuts in its wealth management division. And overall, the number of workers in the financial services business in New York State fell by 2,800 in February to 659,800. But that was after two months of gains in employment in the industry. And February's drop was much smaller than the losses the industry had a year...
...first time since the 1970s, Britons may find themselves ruled by a minority government. Back then, Labour's pact with the smaller Liberal Party proved short-lived, and the government eventually fell to a no-confidence motion. Britain's third party now has a longer name - the Liberal Democrats - and hopes to exert a more enduring influence on any new administration. Smaller parties will flex their muscles if there's a hung Parliament. This raises the specter of political instability, gridlock and even a second general election within the year. Such an outcome could only exacerbate the economic turbulence that...
...bargaining chips in lieu of or to reduce the personal guarantee that banks may not go out of their way to reveal," says Michele Dean, senior vice president at Bethpage Federal Credit Union in Bethpage, N.Y. These chips include pledging accounts receivable and asking for a guarantee that gets smaller each year as you build a credit history...
...years astronomers have discussed the theory that the Milky Way formed by “eating up” smaller dwarf galaxies, but there was a crucial piece of evidence absent from such an explanation, said Frebel, who is a researcher at the Harvard-Smithsonian Center for Astrophysics...