Lunchtime Links: Cuts at Goldman, Citigroup, Deutsche, Credit Suisse
23 June 2008
Goldman Sachs is cutting 10% of its investment bankers (Financial Times).
And so is Citigroup (Reuters).
Deutsche has eliminated its mid market equity sales team and 30 global equity and derivatives staff (Financial News).
Credit Suisse is cutting 75 jobs (The Times).
Lloyds TSB 4 Dresdner (Bloomberg).
Qatari sheikh threatens Barclays' fundraising plans (Sunday Times).
Nanny shortage as women forced back to work (Sunday Times).
Kensington residents pay more for their pensions (Financial Times).
Ex-UBS banker concealed client's diamonds in tube of toothpaste (Telegraph).
New version of The Apprentice for wannabe traders (Independent).
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From the eFinancialNews article:
"Last week the bank laid off about 30 bankers from its equity and derivatives teams in London, including equity trader Deji Adeniran"
Is this not like the most harsh thing ever? Kick someone when they're down, does Deji want his friends and family to see he got laid off for the rest of his life when they Google him?
Mustafa 23 Jun 2008
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