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Jobs in Miami's international banking sector fell for the fourth straight year in 2003, but industry veterans aren't giving up on the region. Many jobs have apparently been lost due to global consolidation and higher compliance costs related to the USA Patriot Act. But bankers say the industry is evolving rather than withering away, even though some former international bankers still in Miami now work for domestic banks or have switched industries altogether.
March 16, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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