Tuesday's Headlines: Foreclosure Boom Produces Jobs at Banks

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Banks are bulking up as a result of the mortgage meltdown, hiring staff to handle soaring volumes of foreclosures. [TheStreet.com]

The former head of prop trading at Goldman Sachs is set to launch Edoma Capital's first fund in London with $820 million in assets. [Finalternatives]

The number of branches at U.S. banks fell for the first time in 15 years according to a new report. [Bizjournals]

India is becoming a hotbed for investment banking, with new deal flow producing an increase in hiring in equities at banks such as Standard Chartered.

[Financial News]

Amidst recent layoffs in its investment bank, Bank of America said it will hire more than 1,000 small business bankers by 2012. [Stock Briefings]

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