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London Financial Job Numbers Lowest For 16 Years

The number of London-based financial services jobs average for 2012 is estimated to be 255,000 compared with peak of 354,000 in 2007.

New estimates from the Centre for Economics and Business Research (Cebr) show a sharp downward revision in the number of City jobs.

Cebr now estimate that the average number of City jobs for . . . → Read More: London Financial Job Numbers Lowest For 16 Years

Falling numbers in Investment banking

Much of the media has picked up on a report in Swiss newspaper Sonntag on Sunday which claims that Credit Suisse could announce that it is cutting up to 5,000 investment banking jobs when it reports its first-quarter profits on 25th April.

The IB unit increased headcount by around 4,000 between early 2009 and mid-2011.
. . . → Read More: Falling numbers in Investment banking