Financial Job Losses Near Four-Year High as Europe Leads Cuts

Financial Job Losses Near Four-Year High as Europe Leads Cuts

Simon Dawson/Bloomberg

Commuters walk across the Millennium Bridge in front of St. Paul's Cathedral in London. European firms such as Barclays Plc and UBS AG are eliminating employees at a faster pace than most of their U.S. counterparts amid the sovereign-debt crisis.