Finance Layoffs: Schwab, BOA, Northern Trust and more

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Published December 15, 2008 at 5:06 PM

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Unfortunately, there have been more layoff announcements in the financial sector. Here is the latest roundup.

Charles Schwab Corp. plans to cut more than 100 jobs.
Bank of America Corp. has cut about 20 senior executives.
The Blackstone Group LP will trim 70 employees, according to IDD.
Northern Trust said that it would cut 450 jobs.
AIG Investments has laid off its head of European Alternative Investments business, Ion Bogdaneris, according to peHUB.
BankUnited Financial Corp. filed a notice with the state on Dec. 12 that it would lay off 10 employees.

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