Investment banks cut FX

A spokesperson at Lehman Brothers in London told FX Week the bank made 500 job cuts across the board in November. "We have made small adjustments across all divisions and regions to reflect the challenging environment," the spokesperson said. That includes an unspecified number from the fixed-income division, which houses FX, she told FX Week. She added that the majority of those cuts were from the bank’s offices in New York.

However she declined to comment on a report from one source close to

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: