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Published November 21, 2008 at 2:47 PM
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 More layoffs were announced this week as banks merge, try to shore up capital and complete restructuring plans before the end of the year. The layoffs have branched out globally, affecting bankers throughout the world.
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Here are the latest layoff reports on the Web: - J.P. Morgan Chase & Co. is shedding about 10% of its investment
bank staff.
- As part of its restructuring, Citigroup Inc. is laying off 53,000 including its CEO and over 1,000 employees in India.
- Washington Mutual Inc. announced it will eliminate 1,600 jobs in the San Francisco area on Dec. 1, 2008, according to CNN.
- Barclays Capital plans to dole out pink slips to 50 people in its European leveraged finance, loans and sales divisions.
- Morgan Stanley laid off roughly 100 employees in Hong Kong this week, according to The Wall Street Journal.
- Merrill Lynch & Co.
axed about 100 people from its Asian fixed-income and equities trading
desks in Hong Kong as part of a worldwide staff reduction, which
eliminated 500 trading staff as part of its merger with Bank of America
Corp.
- Bank of America expects to eliminate about 7,500 jobs over the next two years. But CEO Ken Lewis told Reuters
the layoffs in the banking sector were far from over, and CNBC estimates
that as many as 10,000 could be laid off in Merrill Lynch's merger
with Bank of America.
- Bank of New York Mellon Corp. will cut its work force by 4%, or about 1,800 jobs, according to CNBC.
- Deutsche Bank AG is planning to cut 900 jobs from its London and New York offices.
- Goldman Sachs Group Inc. laid off 3,200 employees this month.
- UBS is expected to cut another 2,000 jobs at its investment bank.
- Credit Suisse Group said on Tuesday it would cut 500 jobs, according to The Street, and it is also cutting employees of its carbon-trading desk.
- HSBC Holdings plc is laying off 1,100 employees in its investment bank.
- Commerzbank AG plans to cut 9,000 jobs as Dresdner Bank acquires it, but the cuts will be outside of Germany.
- National City Corp. said this month it planned to reduce 4,000
jobs.
- Maria WoehrFor related posts see: The latest layoff roundup: Citigroup, J.P. Morgan, Nomura, Fidelity, HSBC and moreMore bank layoffs announced Another round of bank layoffs
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