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Saturday, November 21, 
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Finance Layoffs: AXA, Frontier and more

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pinkslips_transparent_125x100.gifThere's more bad news for professionals in the finance industry. The latest rumors and reports of layoffs are at AXA Insurance, Frontier Bank and Superior Bank.

  • AXA Insurance is cutting 560 jobs over the next few months, with most in the U.K., according to Reuters.


  • Superior Bank is closing its office in Venice, Fla., in July and may close other Florida branches. The office in Venice had two employees, according to TheHeraldTribune.com.

Good news for UBS employees. The investment bank vice chairman Lord Brittan of Spennithorne says there shouldn't be any more layoffs, according to Reuters.

It's a tough employment market for financial professionals, but there are jobs. Canaccord Adams Inc. is hiring in its equity distribution group, according to The Wall Street Journal. Here's our pick of the day from The Deal's Career Channel:

Top M&A Valuations Analysts for Private Equity at Selby Jennings in New York

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)

Also see:
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