Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Financial Industry May Lose 150,000 Jobs in 18 Months, Bove Says

Financial Industry May Lose 150,000 Jobs
Pedestrians pass a Bank of America branch in Times Square in New York. Photographer: Jeremy Bales/Bloomberg

Banks and other financial firms may lose 150,000 jobs by the middle of 2013, said Richard Bove, an analyst at Rochdale Securities LLC.

“The financial industry in my view is going to shrink by about 150,000 people over the next 12 to 18 months,” Bove said during an interview today with Tom Keene on “Bloomberg Surveillance.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.