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Investment banking staff fall by 10,000 in a year

Investment banking staff numbers at some of the largest banks have fallen by 10,000 over the past 12 months, as financial institutions look to stave off the impact of increased costs and declining revenues. According to FN analysis of eight investment banks to have published staff numbers in their second quarter results, global investment banking headcount fell from 176,495 at the end of June 2011 to 166,606 at the end of June 2012, a decline of 5.6%.

Former investment banking reporter

The number of investment banking jobs at some of the world’s largest banks has fallen by around 10,000 over the past 12 months, according to Financial News analysis. Here we break down the cuts at each bank

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Investment banking job cuts: A bank by bank breakdown

Richard Partington

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Corporate/Industrial News

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