Layoffs in Financial Services
Year 2009
100,731
 

Layoffs in Financial Services

2009 2008
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Health Care Consumer Services Telecommunications Utilities
Financials Technology Public Services Education



Company Date                 Number Location Sector Source
Liberty Mutual Insurance December 16, 2009 125    USA Financial Services AccessNorthGa.com
Wells Fargo December 11, 2009 62   USA Financial Services GraniteBaypt.com
Fort Dearborn Life Insurance Co. December 11, 2009 63    USA Financial Services CLEVELAND.com
GMAC Financial Services December 08, 2009 45   USA Financial Services Business Journal
Ideal Mortgage Bankers December 07, 2009 572    USA Financial Services PortalSeven.com
KeyCorp December 07, 2009 150   USA Financial Services CLEVELAND.com
Wells Fargo December 04, 2009 26    USA Financial Services Business Journal
BlackRock Inc. December 01, 2009 89   USA Financial Services Bloomberg.com
Sterling Life Insurance Company November 24, 2009 48    USA Financial Services BellinghamHerald.com
Farmers Group Inc. November 13, 2009 41   USA Financial Services timesunion.com
Lloyds Banking Group PLC November 10, 2009 4960    UK Financial Services TradingMarkets.com
HSBC Holdings PLC November 03, 2009 1700   UK Financial Services Yahoo
Royal Bank of Scotland November 02, 2009 3700    UK Financial Services BBC
Capital One Bank October 28, 2009 99   USA Financial Services PortalSeven.com
Arthur J. Gallagher October 28, 2009 400    USA Financial Services Reuters
Fiserv October 27, 2009 290   USA Financial Services SuburbanChicagoNews.com
Standard Chartered Bank October 22, 2009 72    USA Financial Services Businss Journal
Alliance Bank of Arizona October 22, 2009 18   USA Financial Services Businss Journal
Farmers Group Inc. October 16, 2009 54    USA Financial Services PortalSeven.com
MetLife Inc. October 16, 2009 34   USA Financial Services TradingMarkets.com
Clear One Health Plans October 15, 2009 25    USA Financial Services Business Journal
Summit Holdings October 15, 2009 70   USA Financial Services TheLedger.com
GRP Financial Services October 02, 2009 53    USA Financial Services PortalSeven.com
Ocean Bank October 02, 2009 78   USA Financial Services Businss Journal
M&T Bank October 01, 2009 40    USA Financial Services MDDailyRecord.com
Chrysler Financial September 30, 2009 360   USA Financial Services freep.com
NewStar Financial September 29, 2009 29    USA Financial Services peHUB.com
First American Corp. September 29, 2009 70   USA Financial Services ChicagoTribune.com
First Industrial Realty Trust Inc September 29, 2009 46    USA Financial Services Reuters
First Market Bank and Union Bank and Trust September 25, 2009 50   USA Financial Services RichmondBizSense.com
BBVA Compass Bank September 24, 2009 65    USA Financial Services montgomeryadvertiser.com
UBS September 22, 2009 200   USA Financial Services Reuters
JPMorgan Chase & Co. September 17, 2009 43    USA Financial Services Business Journal
AIG Advisor Group September 11, 2009 41   USA Financial Services InvestmentNews.com
MassMutual Financial Group l September 08, 2009 160    USA Financial Services masslive.com
Aviva USA September 02, 2009 28   USA Financial Services PortalSeven.com
Bank of America September 01, 2009 50    USA Financial Services MiamiHerald.com
Farmers Insurance Group August 28, 2009 1200   USA Financial Services PortalSeven.com
M&I Bank August 28, 2009 154    USA Financial Services postcrescent.com
Genworth Financial August 28, 2009 27   USA Financial Services IFAwebnews.com
Federal Reserve August 27, 2009 52    USA Financial Services Business Journal
Swiss Life August 26, 2009 520   Switzerland Financial Services Forbes
Lloyds Banking Group August 25, 2009 200    UK Financial Services BBC
HSBC August 24, 2009 95   USA Financial Services PortalSeven.com
Wells Fargo August 18, 2009 62    USA Financial Services Business Journal
Bank of New York Mellon August 14, 2009 29   USA Financial Services PortalSeven.com
MassMutal Financial Group August 11, 2009 360    USA Financial Services masslive.com
Advanta Corp. August 11, 2009 200   USA Financial Services Business Journal
Taylor, Bean & Whitaker August 05, 2009 964    USA Financial Services Ocala.com
PNC Financial Services Group August 04, 2009 74   USA Financial Services Business Journal
Thomas Weisel Partners Group Inc July 29, 2009 30    USA Financial Services Reuters
Assurant Employee Benefits July 21, 2009 91   USA Financial Services Business Journal
Harley-Davidson Financial Services July 17, 2009 100    USA Financial Services NevadaAppeal.com
LPL Financial Corp. July 15, 2009 215   USA Financial Services fa-mag.com
Marshall & Ilsley Corp. July 15, 2009 170    USA Financial Services Business Journal
Independent Health Association July 14, 2009 50   USA Financial Services BuffaloNews.com
GE Capital July 13, 2009 127    USA Financial Services connpost.com
Barrington Associates July 13, 2009 30   USA Financial Services LaBusinessJournal.com
Advanta Corp. July 10, 2009 200    USA Financial Services Forbes
Colonial Bank July 07, 2009 136   USA Financial Services montgomeryadvertiser.com
WellPoint July 03, 2009 100    USA Financial Services ifawebnews.com
Western Corporate Federal Credit Union July 02, 2009 30   USA Financial Services cutimes.com
Wells Fargo June 30, 2009 50    USA Financial Services InsideBayArea.com
Lloyds Banking Group PLC June 30, 2009 1750   UK Financial Services BusinessWeek.com
Chrysler Financial June 30, 2009 350    USA Financial Services WSJ
FBL Financial Group June 26, 2009 71   USA Financial Services DesMoinesRegister.com
The Hartford Financial Services Group June 26, 2009 475    USA Financial Services courant.com
Vulcan June 24, 2009 17   USA Financial Services TechFlash.com
United Guaranty June 23, 2009 160    USA Financial Services myfox8.com
Beneficial Financial Group June 16, 2009 150   USA Financial Services DeseretNews.com
Vulcan January 15, 2009 50    USA Financial Services TechFlash.com
Guardian Life Insurance June 15, 2009 39   USA Financial Services spokesman.com
CUNA Mutual Group June 15, 2009 52    USA Financial Services cutimes.com
D.E. Shaw June 11, 2009 25   USA Financial Services pionline.com
Frontier Bank June 11, 2009 45    USA Financial Services seattletimes.com
Axa SA June 11, 2009 560   UK Financial Services english.capital.gr
Oswald Trippe and Co. June 09, 2009 30    USA Financial Services news-press.com
Lloyds Banking Group June 09, 2009 1660   UK Financial Services WSJ
Principal Financial Group June 03, 2009 220    USA Financial Services Forbes
Fidelity Investments June 03, 2009 45   USA Financial Services wmur.com
AEGON USA June 02, 2009 138    USA Financial Services tradingmarkets.com
The Capital Group June 01, 2009 820   USA Financial Services investmentnews.com
Harris Bankcorp Inc. May 26, 2009 60    USA Financial Services chicagobusiness.com
Sovereign Bank May 26, 2009 81   USA Financial Services courant.com
MassMutual Financial Group May 20, 2009 58    USA Financial Services masslive.com
Capital One May 20, 2009 180   USA Financial Services 2theadvocate.com
WellCare Health Plans Inc. May 20, 2009 360    USA Financial Services Reuters
American Express May 18, 2009 4000   Worldwide Financial Services CNN Money
Old Mutual PLC May 07, 2009 200    USA Financial Services WSJ
Missouri Higher Education Loan Authority May 07, 2009 16   USA Financial Services Business Journal
Nelnet Inc. May 07, 2009 250    USA Financial Services Business Journal
Capital One Financial Corp. May 06, 2009 66   USA Financial Services timesdispatch.com
American General Finance May 05, 2009 500    USA Financial Services courierpress.com
Guaranty Bank May 05, 2009 131   USA Financial Services Business Journal
Allstate Insurance Co. May 05, 2009 66    USA Financial Services Business Journal
Wells Fargo May 05, 2009 548   USA Financial Services Business Journal
Wells Fargo May 04, 2009 100    USA Financial Services Business Journal
Mercury General May 04, 2009 360   USA Financial Services Forbes
American Express May 04, 2009 100    USA Financial Services digtriad.com
Sovereign Bank May 01, 2009 950   USA Financial Services washingtonpost.com
GE Money April 30, 2009 250    USA Financial Services TBO.com
Bank of Montreal April 30, 2009 100   USA Financial Services thedeal.com
Stewart Information Services Corp. April 30, 2009 170    USA Financial Services Business Journal
Principal Financial Group April 30, 2009 75   USA Financial Services TMCnet.com
Commercial Capital Inc. April 29, 2009 15    USA Financial Services Business Journal
Amcore Financial Inc. April 28, 2009 116   USA Financial Services Chicago Tribune
United Community Banks Inc. April 23, 2009 191    USA Financial Services Business Journal
Wells Fargo April 23, 2009 150   USA Financial Services charlotteobserver.com
Capital One Financial Corp. April 23, 2009 58    USA Financial Services timesdispatch.com
Lloyds Banking Group PLC April 23, 2009 985   UK Financial Services Yahoo
Sovereign Bank April 22, 2009 50    USA Financial Services BOSTON Herald
GMAC Insurance April 22, 2009 54   USA Financial Services wxii12.com
T. Rowe Price Group April 22, 2009 288    USA Financial Services Market Watch
MassMutual Financial Group April 20, 2009 53   USA Financial Services masslive.com
Stream Global Services April 20, 2009 60    USA Financial Services Business Journal
Legg Mason April 20, 2009 40   USA Financial Services Balitimore Sun
MassMutual Financial Group April 15, 2009 65    USA Financial Services masslive.com
Russell Investments April 15, 2009 400   Worldwide Financial Services KOMONEWS.COM
UBS April 15, 2009 8700    Worldwide Financial Services BBC
Discover Financial Services April 13, 2009 500   USA Financial Services Chicago Tribune
Principal Financial Group March 10, 2009 60    USA Financial Services action3news.com
Royal Bank of Scotland April 07, 2009 9000   Worldwide Financial Services Reuters
Nationwide April 03, 2009 480    USA Financial Services dispatch.com
Aviva April 02, 2009 1100   UK Financial Services BBC
Swiss Re April 02, 2009 1150    Worldwide Financial Services Reuters
AllianceBernstein Holding LP March 31, 2009 237   Worldwide Financial Services Reuters
Chrysler Financial March 31, 2009 80    USA Financial Services freep.com
Canaccord Capital Inc. March 31, 2009 75   Canada Financial Services WSJ
Bankwest March 30, 2009 400    Australia Financial Services ZDNet Australia
HSBC March 25, 2009 1200   UK Financial Services TIMES ONLINE
Synovus Financial Corp. March 24, 2009 200    USA Financial Services Ledger-Enquirer.com
Accredited Home Lenders March 24, 2009 38   USA Financial Services Business Journal
Legg Mason Inc. March 24, 2009 100    USA Financial Services Bloomberg
First Data March 19, 2009 105   USA Financial Services Business Journal
OneAmerica March 19, 2009 114    USA Financial Services The Seattle Times
Liberty Mutual March 17, 2009 40   USA Financial Services Business Journal
American Express March 17, 2009 87    Canada Financial Services thechronicleherald.ca
Stanford Financial Group March 06, 2009 1000   USA Financial Services boston.com
M&T Bank March 06, 2009 521    USA Financial Services Buffalo News
Fullerton March 05, 2009 3000   India Financial Services Economic Times
HSBC March 02, 2009 6100    USA Financial Services Times of India
AAA February 27, 2009 250   USA Financial Services TAHOE DAILY TRIBUNE
Phoenix February 27, 2009 250    USA Financial Services The Hartford Courant
First American February 26, 2009 1210   USA Financial Services Employment Spectator
JPMorgan Chase February 26, 2009 12000    USA Financial Services Yahoo
First Data February 18, 2009 159   USA Financial Services Business Journal
Equifirst February 17, 2009 600    USA Financial Services News14
Zenith National Insurance Corp February 11, 2009 100   USA Financial Services Trading Markets
Huntington Bancshares February 03, 2009 500    USA Financial Services Employment Spectator
PNC Financial Services February 03, 2009 5800   USA Financial Services LA Times
ING January 26, 2009 7000    Worldwide Financial Services BBC
Compass Bank January 23, 2009 1200   USA Financial Services Forbes
Franklin Resources January 22, 2009 350    Worldwide Financial Services Market Watch

 
Check the Bank Failures in USA from year 2008 till date