Sell side

Wall Street layoffs surged by 275% in April

Job cuts in financial services surge as “Wall Street executives are trying to shrink staffing levels as profits remain under pressure,” says Integrity Research.

Legal battle with former CEO hurts ITG figures

ITG reports a loss of $2.5 million in the first quarter this year, with overall revenues down 17%, as firm battles with former CEO over ‘unfair dismissal’.