Serious banks are cutting headcount, it has started...

[krafty]

Citigroup, Deutsche Bank and HSBC Holdings are also cutting staff to rein in costs as the industry deals with difficult trading conditions, sputtering economies and the impact of trade tensions on cross-border deals.
https://www.straitstimes.com/busine...g8Na6FjZ62NDRRLC0RUPmJB5UjSPKqOvBIUEyngmeRi54

https://www.straitstimes.com/business/banking/ubs-cutting-40-banking-jobs-in-asia