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Posted AT 8:21 AM EST on 09/07/08

Would-be investment bankers get set for bruising ride

SYLVIA WESTALL AND OLESYA DMITRACOVA

Reuters

FRANKFURT/LONDON — Before they even start working 80-hour weeks, graduates sense tougher times in investment banking, and either by choice or necessity, some are already planning careers elsewhere. Financial companies have slashed at least 70,000 jobs in the United States and Europe as a result of the credit crisis, making students uneasy as they face the reality of a sector which looks more bruising and less lucrative than a year ago.

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