May 6 (Bloomberg) -- The following table shows the 65,000 jobs cut by the world's biggest banks and securities firms in the past 10 months as mortgage losses and writedowns for financial institutions reached $319 billion.

UBS AG announced 5,500 reductions today, following Morgan Stanley's 1,500 yesterday. Royal Bank of Scotland Group Plc said last week it's cutting 7,000 jobs. While most of the RBS cuts are related to the absorption of ABN Amro Holding NV purchased last year, some eliminated positions were due to credit-market woes, the bank said.

The data in this table have been compiled by Bloomberg, based on company filings and statements.

After the bursting of the Internet bubble in 2001, some 90,000 positions were eliminated in two years, according to the Securities Industry and Financial Markets Association. The current round may exceed 100,000, according to analysts including Jo Bennett, a partner at executive search firm Battalia Winston International.

Firm                 Positions Cut      As % of bank's headcount

Citigroup               15,200                    4.1%

Royal Bank of Scotland   7,200                    3.2

UBS                      7,000                    8.8

Merrill Lynch            5,220                    8.3

Lehman Brothers          4,990                   18

Morgan Stanley           4,440                    9.4

Bank of America          3,650                    1.7

Washington Mutual        3,000                    6.5

Northern Rock            2,000                   40

HSBC                     1,650                    0.5

Bear Stearns             1,550                   11

WestLB                   1,530                   25

Goldman Sachs            1,500*                   4.7

Credit Suisse            1,320                    2.7

Wachovia                   943                    0.8

National City              900                    2.9

KeyCorp                    740                    4

Countrywide**              514                   45**

Fortis                     500                    0.8

Wells Fargo                500                    0.3

Deutsche Bank              450                    0.6

Mizuho                     300                    0.6

JPMorgan Chase             100                    0.1

Royal Bank of Canada        40                    0.1
                         _____

TOTAL                   65,237


Some company names have been abbreviated.

* Goldman Sachs said on Jan. 25 that its job cuts reflected the
firm's policy of weeding out underperformers. On April 10, the
bank said it would eliminate positions in its mortgage and
investment-banking units without revealing any figures.

** Countrywide's figure only reflects reductions in its capital
markets division, and the percentage of the workforce refers to
the ratio of lost positions as a total of that division's
employees.

To contact the reporter on this story: Yalman Onaran in New York at yonaran@bloomberg.net.

Last Updated: May 6, 2008 08:54 EDT