BANKING
<i> Times Staff and Wire Reports</i>
Study Predicts 50% Reduction in Branches: As many as 450,000 bank jobs will disappear in the next five years and half of all branches will be gone over the next 10 years as customers turn to electronic transactions, the accounting firm Deloitte & Touche said. About 30%, or 840,000, of the 2.8 million U.S. bank employees work in branches, the firm estimated.
