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Macquarie is slashing 100 equity trading jobs in London and New York this week

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A source told Business Insider that the bank will focus on its home turf in the Asia-Pacific region.

Australian bank Macquarie is in the process of cutting 100 jobs in its equities and trading units in New York and London, a person familiar with the situation told Business Insider. The bank plans to focus on its Asia Pacific operations, and the source said that structural changes in the market pushed the changes. View Business Insider's homepage for more stories.

Australian bank Macquarie is in the process of cutting 100 jobs in its equities and trading units in New York and London, a person familiar with the situation told Business Insider. The bank plans to focus on its Asia Pacific operations, and the source said that structural changes in the market pushed the changes. View Business Insider's homepage for more stories.

 

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