Citi lay-offs announced
50 people in London will be affected
in this environment may take 6 months to find a decent job
Trending Content - Investment Banking Forum
| +190 | Evercore > Goldman and I don’t think it’s particularly close anymore | 65 | 20h |
| +157 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 1d |
| +86 | UBS Offer Day | 32 | 3h |
| +84 | Think Twice before Recruiting for HOUSTON IB!! | 44 | 7h |
| +71 | I hate Wells Fargo | 19 | 1d |
| +52 | No return offer - feeling like a failure is an understatement | 21 | 11h |
| +49 | How cooked am I as an incoming WF IB SA 2027? | 17 | 1d |
| +47 | WF Return offers | 28 | 3d |
| +40 | 2026 Investment Banking Return Offer Climate | 25 | 1d |
| +39 | Should I go back into a junior IBD role for comp? | 16 | 3d |
Career Resources
What teams
Nobody knows yet - people will find out in the next two weeks
Levfin, ECM most likely? IG safe?
FX Strategy
30 cuts in IBD. Mostly juniors.
Where are the other 20 coming from. Cutting 20 in Capital Markets is excessive, desks are already short staffed
any ideas on the teams? and most affected - analysts 1, 2, 3?
30 being cut in IBD and 20 being cut in corporate banking. Things are looking tough out there
30 IBD in London office. That sounds a lot than expected
Cuts in Corp banking?? That’s crazy. Flow bankers usually fare well in any environment
This is all London? No word on US?
Any in Houston?
Any word on US?
White males in IB about to get wrecked
Brutal
The dominoes are falling...
yup, more to come. Not IB but KPMG just announced a big round of cuts today... transaction volume is non-existent
Layoffs over or still ongoing?
The articles says an additional 1,600 mostly across IB and trading to be completed by end of the quarter... so I'd say the 50 people in London mentioned above are definitely not it
Capital Markets being touched or nah
any news? anyone affected?
Placeat quae ullam consequatur ad sint quaerat et. Neque et animi quia. Eum in soluta qui quis reprehenderit porro fugit molestiae. Delectus illo nulla esse aut aut. Est quam aliquam ullam eos consequatur voluptate amet. Sunt veniam suscipit inventore quod est nostrum possimus.
Non blanditiis accusamus ex ratione non aliquid ut voluptas. Nemo laudantium repudiandae pariatur et veritatis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Nihil beatae qui natus magni. Eveniet rerum at nihil maxime. Perspiciatis architecto dolor rerum dolor. Vitae saepe doloribus officiis maxime minus harum molestiae.
Nihil possimus occaecati ut provident unde. Laborum at ullam quis sapiente. Culpa impedit asperiores et et molestiae sint. Natus ab occaecati impedit atque excepturi placeat sequi.
Odit ut sed consequatur vel. Et et sed aut et est et ipsam. Quisquam voluptatum et eum. Voluptate hic iste aut labore dolores quaerat ut.
Id earum et sint quo aut inventore. Minima eos sunt necessitatibus quae quo.