Commodities cutbacks at Merrill Lynch

The newly merged banks are preparing to cut 1,900 jobs in London, according to the Times.

"Cuts have already begun in some departments, with job losses in the commodities trading department in the past few days, but the major reductions are still to come, with most of the cuts due to be completed by March," the article said.

Merrill Lynch refused to confirm the redundancies when contacted by Energy Risk.

In December, Bank of America announced plans to cut between 30,000 and 35,000 jobs over the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here