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Trading Places: HSBC, Credit Suisse, Jupiter plan cuts, Kirkland scores two London partners

Find out who is on the move in the City and beyond this week

Trading Places: HSBC, Credit Suisse, Jupiter plan cuts, Kirkland scores two London partners

After a bumper year for banks in 2021, it looks like it's job cuts time again.

HSBC is trimming UK bankers as layoffs gain pace, while Credit Suisse's latest plans to overhaul its investment bank will likely lead to hundreds of cuts. To soften the blow to top workers, it plans to roll out retention bonuses for UK dealmakers.

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