Barclays slashes staff in UK equities business
The reported reduction in headcount does not represent a change in strategy for the bank, source says.
The reported reduction in headcount does not represent a change in strategy for the bank, source says.
As the investment industry continues to grapple ongoing headwinds, Hayley McDowell speaks with senior recruiters and consultants to explore how the talent landscape has changed for buy-side traders in recent years.
The first quarter this year saw the largest investment banks globally reduce headcounts at the fastest rate since 2014, with equities divisions seeing the largest decline.
Index tracking top investment banks found headcount was down in the third quarter this year, with equities suffering the biggest decline.