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Lay-offs come at the end of one of the worst years for redundancies at the world's largest banks in recent memory

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Morgan Stanley has become the latest large bank to take the axe to its global workforce as it absorbs the impact of a difficult 2019 and braces for more economic uncertainty in the coming 12 months.

The Wall Street bank is stripping out around 1,500 roles, or 2% of its global workforce, according to a person familiar with the matter. The news was

Morgan Stanley to cut 1,500 jobs from global workforce

Lay-offs come at the end of one of the worst years for redundancies at the world's largest banks

Fareed Sahloul

Morgan Stanley

BNP Paribas

Citigroup

Deutsche Bank

HSBC

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