The following is a summary of some of the biggest job losses at major banks since the start of the credit crisis:

Bank of America: The US bank said in June it expected to eliminate about 7,500 jobs over the next two years.

Citigroup Inc: As in July, Citigroup had 363,000 employees after eliminating 14,000 jobs in 2008.

Commerzbank: On Sept 1, the German bank announced its plan to cut 9,000 jobs.

Credit Agricole: France’s retail bank said last month it would cut 500 jobs at Calyon.

Credit Suisse Group: The bank has axed 1,320 jobs since 2007.

Deutsche Bank: The German bank has laid off about 450 people in 2008.

Goldman Sachs: The securities firm laid off hundreds of investment bankers last June.

HBOS Plc: Before it was taken over last month by Lloyds TSB Group, HBOS said in August it would cut up to 425 jobs.

HSBC Holdings Plc: Global bank HSBC Holdings said late last month it was cutting 1,100 jobs in its investment banking operation.

JPMorgan: JPMorgan said in July it planned to cut as much as 10 per cent of its European investment banking jobs.

Lehman Brothers: Lehman, which filed for bankruptcy last month, had 26,000 employees. About 10,000 have been given jobs until at least the end of the year, after Barclays Capital bought Lehman’s North American capital markets business and other assets.

Merrill Lynch: Merrill Lynch which agreed last month to be taken over by Bank of America Corp had already planned to reduce staffing by about 4,200.

Morgan Stanley: The US investment bank said on July 31 it slashed 4,800 jobs in the past year.

National City Corp: One of the 10 largest US banks, National City said in January 2008 it would eliminate 900 jobs as it stopped offering mortgages through brokers.

Synovus Financial Corp: The Georgia-based bank said it will cut about 650 positions, or nine per cent of its workforce over the next two years, reduce costs and shore up capital.

UBS AG: The bank said on Friday it is cutting another 2,000 jobs at its troubled investment bank.

Unicredit Spa: Europe’s fourth-largest bank said in June it would shed 9,000 posts out of 100,000 in Germany, Austria and Italy.

—Reuters