First Chicago Corp. is bucking the downsizing trend.

While many credit card issuers emphasize their streamlining and reengineering programs, which usually come across as reductions in the work force, First Chicago said it plans to hire more than 400 new employees this year.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.