The knife has been wielded at Bank of America/Merrill Lynch. “Some of our FX staff have been put at risk of redundancy today but as explained previously, we are not breaking out details by line of business or region. The reductions are part of the 30,000-35,000 positions that we announced on December 11, would be eliminated over the next three years due to the acquisition of ML and the weak economic environment,” says a spokeswoman.
February 27, 2009
