Reports suggest that a third of traders at Credit Suisse will three-day lose their jobs, as the bank looks to cut its workforce in London by 2,000 as part of its new restructuring plans; the bank is looking to shed 2,000 of its London -based employees to cut costs after a slowdown in the fixed-income and currency trading businesses.
Reports suggest that hundreds of traders at Credit Suisse will today lose their jobs, as the bank looks to cut its workforce in London by a third as part of its new restructuring plans; the bank is looking to shed 2,000 of its London-based employees to cut costs after a slowdown in the fixed-income and currency trading businesses.