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Published May 20, 2009 at 9:30 AM
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 Unfortunately, there are more layoff announcements in the finance industry Wednesday. The latest layoffs reports and rumors are at Lloyds Banking Group plc (NYSE:LYG), ABN Amro Holding NV/Fortis Bank Nederland Holding NV and Julius Baer Group. - Lloyds Banking Group will cut 625 jobs in Britain, according to Reuters.
- ABN Amro and Fortis Bank could lay off 5,000 employees by 2012 as the two businesses merge, according to Bloomberg.
- Julius Baer plans to split its private banking and asset management
arms into two independently listed companies, but the Financial Times also reports that the company could eventually dispose of its fund management businesses.
For a roundup of all the announced layoffs to date, check out The Deal's Pink Slips on Wall Street Dealwatch or any of the links below. Also, feel free to leave us any layoff or hiring rumors you are hearing. - Maria Woehr
(Follow me on twitter or send me tips: @newsgirlmw)
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