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Financial Industry Ranking
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Which Financial Firms Cut the Most Jobs During the Latest Downturn?

During the period of July 2007 until March 2009 job losses occurred through bankruptcy (Lehman Brothers) and takeover (Merrill Lynch, ABN AMRO, Dresdner Kleinwort, Wachovia, etc), but it's still an interesting list. 

The figures below are based on our best estimates for job losses in the period under review, supported by reputable media sources.

In many cases, the firms themselves didn't confirm (for obvious reasons) the number of staff they let go.

Note that these job losses relate to investment banking, asset management and private banking jobs only.

Sources - Bloomberg, CNBC, Financial News, Financial Post, Here Is The City, Reuters, The Wall Street Journal
Updated/Posted by Premium Contributor on Jan 18, 2011
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