October 29, 2019 / 9:10 AM / 19 days ago

Macquarie to cut about 100 equity jobs in NY and London -source

LONDON, Oct 29 (Reuters) - Australian investment bank Macquarie Group is cutting about 100 jobs in its equities trading business across Europe and the United States, a source with direct knowledge of the matter told Reuters on Tuesday.

The move is the latest by a global investment bank to trim equity operations over the past year against a backdrop of difficult market conditions and regulatory change. (Reporting by Thyagaraju Adinarayan; editing by Simon Jessop)

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