Layoffs Watch ’14: Investment Banking

Deustche Bank is out with a report today encouraging I-bankers to gird their loins.

Deutsche Bank analysts have just released a massive report full of predictions for investment banks in 2014…Deutsche is predicting another 20,000 investment banking redundancies next year, of which it says 6,000 will be in the front office.

[eFinancial via Lauren LaCapra]

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6 Responses to “Layoffs Watch ’14: Investment Banking”

  1. M. Whitney says:

    Will the non-revenue producing research analysts who wrote these reports be the first ones canned? Are they considered front or back office?

    – M. Whitney

  2. guest says:

    I didn't know UBS still had 20,000 people to lay off

  3. UBS Quant says:

    Macquarie laid off people on their Asia desk in HK and NY.