Big banks invest in automation, avoid hiring spree despite trading boom
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London
MARKET trading is booming at US and European banks thanks to US President Donald Trump and "Brexit", and yet the glory days of dealing rooms the size of football pitches remain as distant as ever.
Scarred by the 2007-09 global financial crisis and a subsequent regulatory clampdown, cost-conscious banks are not taking on more traders, uncertain whether the revival will last.
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