BarCap and Credit Suisse wield the axe 12 August 2010London Reporter: Ben Wilkie
Image: Shutterstock
BarCap and Credit Suisse have announced a number of job cuts. Credit Suisse's investment banking division in the UK will see 75 jobs go, while BarCap has announced that at least 300 roles will be lost around the world.
Barclays did say, however, that it was continuing to hire in other roles and does not expect total head count to fall.
"We continue to hire selectively across those parts of the business that are growing," said a spokesman.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 