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Bankers fear job losses as Trump trade war hits deals: ‘Another round of cuts is inevitable’

Top City investment bankers told Financial News that a potential slowdown in deals will force firms to cut more costs

    Impax general counsel and strategy head exit as 30 staff axed

    Job cuts have fallen across the business, insiders say

    3 min read

    ImpaxESGJobswealth

    The ESG brain drain is happening

    Senior sustainability professionals — bogged down by regulation and a lack of support —  are quitting for cushy consultancy gigs

    3 min read

    Lloyds Bank slashes risk management jobs in bid to speed up progress

    Lloyds Banking Group to cut risk management roles as it shakes up the unit

    2 min read

    Rising Stars of European Finance 2025

    Wanted

    Rising Stars of European Finance 2025

    Paul Clarke
    Check out FN's latest profiles

    An Audience With

    Check out FN's latest profiles

    EY deals staff criticise management over job cuts

    Some staff in EY’s deals unit are unhappy at the handling of recent job cuts

    2 min read

    DWS to triple graduate trainee intake

    The asset manager's programme for university leavers will also be widened beyond front office investment roles, to include more departments

    2 min read

    Brooks Macdonald and IG Group slash staff

    Investment manager and trading firm cut staff to reduce costs

    1 min read

    Linklaters partner Pansy Wong joins Millennium as international general counsel

    Wong will report to Millennium’s global general counsel Gil Raviv in latest legal hire

    1 min read

    City workers offered less money to swap jobs amid hiring slowdown

    Hiring in the Square Mile slows as the number of available jobs plunges 86% quarter-on-quarter

    UK asset managers fret more over attracting talent than global rivals

    The UK is the only market where talent is cited as a top operational challenge for buy-side firms, according to a Linedata survey

    City jobs slump by almost a third amid spike in candidates seeking finance roles

    Those that moved to different jobs saw an 18% change in their salaries, 'the lowest salary increase expectations in almost two years'

    EY has ‘no plans’ to cut UK jobs after US firm wields the axe

    EY is cutting 3,000 jobs in the US, but UK arm says it will not follow suit

    Most Read

    StanChart HR boss: We have no plans for major job cuts

    Tanuj Kapilashrami said hybrid employees are more productive than their peers who work 100% from home or the office

    3 min read

    Davos Day 3: Transport woes, mediocre jobs and crypto parties

    Financial News' on-the-ground coverage of the major happenings at the World Economic Forum in Davos

    3 min read

    Why BlackRock’s job cull could be first of many for fund houses

    Analysts predict job cuts announced by the US asset manager are a sign of things to come across the sector

    3 min read

    Hedge fund talent picks Middle East over London and New York, headhunters say

    With a continued shift to remote working, the sector will see less top talent choosing the usual epicentres, market insiders say

    4 min read

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