(Reuters) - Banks are shedding jobs worldwide as stricter regulations and a tough six months for trading income take their toll on investment banking units.
France's BNP Paribas is only one of the latest banks to confirm they are also cutting jobs.
The layoff plans brings staff cuts announced this year or reported to be in the works at major banks to 123,000, some of them to be lost over three- or four-year programs.
The job cut estimates are likely to be conservative figures, as not all banks trimming teams have publicly announced lay-offs, and the number does not take into account smaller investment banks, boutiques and brokers.
Below is the latest summary of cuts:
Jobs to be cut Total staff*
BANK OF AMERICA MERRILL 30,000 287,839
LLOYDS BANKING GROUP 15,000 103,859
MIZUHO <8411.T> 3,000 57,000
MONTE DEI PASCHI DI SIENA c.2,200 31,201
ROYAL BANK OF SCOTLAND c.2,000 148,300
BANK OF NEW YORK MELLON 1,500 48,900
NOMURA <8604.T> c.1,000 35,697
* According to latest available figure, usually end 2010, mid-year or quarterly reports
(Reporting by Sarah White and Ethan Bilby; Editing by Jane Merriman)