The good news for investment bank staff is that, in 2015, headcount at the world’s 12 biggest players dropped the least in five years. The bad news, according to research firm Coalition, is that staffing has fallen more than a fifth over those five years, with the worst cuts yet to come.
It is no secret that investment banks have scaled back, with Barclays, Deutsche Bank, Morgan Stanley and Credit Suisse among those to announce job cuts in 2015. However, figures from London research firm Coalition suggest that headcount across the world's biggest 12 players dropped just 2% last year - the lowest annual decline since at least 2010.
