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Trading Places: HSBC, Credit Suisse, Jupiter plan cuts, Kirkland scores two London partners
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After a bumper year for banks in 2021, it looks like it's job cuts time again.
HSBC is trimming UK bankers as layoffs gain pace, while Credit Suisse's latest plans to overhaul its investment bank will likely lead to hundreds of cuts. To soften the blow to top workers, it plans to roll out retention bonuses for UK dealmakers.
Jupiter plans...
Read more on fnlondon.comAbout this in other media
LadBible to sack 10% of staff as it warns of tough trading conditions theguardian.com /1 year ago
Rating agency Fitch downgrades UK credit outlook theguardian.com /1 year ago
London to Scotland sleeper service tipped for renationalisation theguardian.com /1 year ago
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