New York banks silent on FX job cut rumours

Citigroup confirmed that cuts have taken place in investment and corporate banking in New York, but a spokesperson and bank officials declined to give names or numbers of staff affected. "We continue a process of targeted reductions throughout our organisation that reflect current market realities, in an ongoing review of our businesses," said the spokesperson in New York.

Senior New York-based market officials told FX Week the bank had made some cuts in forex earlier this month.

Market sources

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 customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact 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 FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: