ABN Amro cuts 30 from US fixed income

ABN Amro has laid off 30 fixed-income staff in the US as part of a wider reorganisation that will see 110 jobs go across the US institutional business and 1,350 jobs cut worldwide.

The latest layoffs centre on the firm's fixed-income research business, according to sources close to the bank. A spokesman said: "We announced changes to our wholesale clients business in December last year and they are being implemented."

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump