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Derivatives Quarterly - Jumping on the regulatory bandwagon

Banking job cuts

Are banks firing too many staff?

Absolutely - they'll regret it when the markets unexpectedly recover

16 %

No - it'll re-set pay expectations and they will hire back more cheaply

13 %

This is just the start â€“ expect the carnage to continue for months

53 %

Probably â€“ but it's good to show shareholders you're doing something

11 %

I donâ€™t have time to vote - Iâ€™m too busy packing up my things in a box

8 %

Editorial, William Wright, Editor Do a deal in haste and repent at your leisure

17 Nov 2008

Itâ€™s never too late until itâ€™s too late, as they say in Italy. But it may already be too late for shareholders in Merrill Lynch and Bank of America.

•	Columnist, William Hutchings Comment: How John Varley ducked at Barclays

•	Talking Point Comment: Goldman Sachs turns full circle

More comment ›

Today's people moves at a glance ›

Columnist, William Hutchings

Comment: How John Varley ducked at Barclays

RBS reorganises management ahead of cuts
The Royal Bank of Scotland's new chief executive of global banking and markets, John Hourican, has made his first reshuffle of senior management as the division prepares for 2,700 job cuts globally.
21 Nov 2008
Hedge fund trio join Lehman creditor committee
Hedge funds will play a prominent role in helping administrators liquidate the European business of collapsed bank Lehman Brothers, after three representatives from the industry were elected to a five-strong creditor committee.
21 Nov 2008
Analysts warn of Russian bank run 21 Nov 2008
Share slump drags Citigroup from top 25 21 Nov 2008
Comment: Kylie brings down curtain on the global credit carnival 21 Nov 2008
JP Morgan to slash 3,000 jobs 21 Nov 2008
UK financial staff accept inevitability of pay cuts 21 Nov 2008
Whittaker departs as New Star tackles underperformance 21 Nov 2008
UK buyout group hires HSBC France chairman 21 Nov 2008
Securitisation chief departs UBS 21 Nov 2008
Funds of funds increase cash holdings 21 Nov 2008
Bonus pool shrinks at BNP Paribas 21 Nov 2008
Thames River changes redemption terms as credit crunches 21 Nov 2008
Dow industrials drop 445 points 21 Nov 2008
Russian market support eats through funds 21 Nov 2008
Doubt creeps into Merrill BofA merger as spread doubles 20 Nov 2008
- • Do a deal in haste and repent at your leisure
Comment: Goldman Sachs turns full circle 20 Nov 2008
Asset management implosion to get worse 20 Nov 2008
- • Managers face squeeze on profits
Deutsche to cut 900 jobs by the end of the year 20 Nov 2008
- • Out of the Pfanne and into the Feuer
Trade bodies urge broader role for bank pay committees 20 Nov 2008