Shrunken headcount

Investment banks enjoyed a revenue surge in recent years, but their front-line revenue-producing workforce remains unchanged since before the pandemic.

All numbers in 1000s. Companies included are Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, Societe Generale and UBS. Royal Bank of Scotland replaces SocGen for 2012.

Source: Source: Coalition Greenwich